Clayton Williams Energy (CWEI) OIL Message Board

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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL

CWEI 131.90

0.0%

Apr 25 5:00 PM EST

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To: Gary Faykes who wrote (107)	12/4/1996 11:07:00 AM
From: Buzz Mills	of 1017

Rodman, Renshaw New Estimates on CWEI............................ Fourth quarter, Rodman, Renshaw are estimating 0.60, (was 0.24). For the year they are now estimating 1.56, (was 1.00). 1996 Cash Flow they are estimating 4.89, (was 4.35). Their target price is now $24, (was $12.50) They are recommending a Buy and for their clients to be positioned in this stock prior to the the Pinnacle Reef play. The new numbers haven't been published yet but will be very shortly. Rodman, Renshaw have been very conservative on their past estimates.

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