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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL
CWEI 131.900.0%Apr 25 5:00 PM EST

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To: Gary Faykes who wrote (104)12/4/1996 12:35:00 AM
From: Buzz Mills   of 1017
 
This is a test case:.....comments welcome

Clayton Williams Energy (CWEI) is an Oil Exploration and Producer
who operated at a loss last year, but has earned 0.19, 0.32, and 0.45, for
a total of 0.96 in just the first three quarters of 1996. Fourth quarter
earnings are expected to be 0.54, making earnings for the year $1.50.
CWEI is selling at a ridiculously low P/E, while the average oil company
stock sells for 28X earnings. We believe CWEI will be in the mid-20's,
or higher, within three months. Should they be successful in their Pinnacle
Reef Exploration, CWEI will be a $40 stock.

CWEI stock chart and financial info:
stocksmart.com:8802/ows-bin/owa/co.g?cid=1611
CWEI's Home Page:
marshill.com
Oil and Natural Gas real-time quotes:
ino.com
Small Cap (<$200M) Independent Oil Companies:
stocksmart.com:8802/ows-bin/owa/iy.g?iid=8&pagetype=S&listType=N&maxRows=0&mktcap=2&inpPe=0
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