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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: Kendell Phillips who wrote (133)12/11/1996 10:03:00 AM
From: Buzz Mills   of 1017
 
The Investors Business Daily finally made a change in the annual earnings estimate for CWEI. They changed it from 0.85 to 1.35. This is an interim change and it will go to >1.56 in a matter of a few weeks as soon as all of the new estimates are submitted to Zacks and First Call. We should see an interim change to the fourth quarter estimate in tomorrow's IBD. This morning's shakeout in the oils is going to have CWEI rock solid for the move up.
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