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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 (156)12/12/1996 8:01:00 PM
From: Buzz Mills   of 1017
 
Kendell,

The volume of the last three days has picked up, 89K, 133.4, and today 232K. The most significant volume was the 108,000 shares that traded in the last 25 minutes of the day. To have CWEI essentially not trade 20,000 shares in the two previous hours, and then literally explode means that somebody got some news. Zacks reported Paine Webber's $1.70 estimate for the year to me late last night--that could be it and that R&R and H&I are exercising their option for additional shares. Nevertheless the news is getting out and it will only get better as the other analysts: Morgan Keegan and Hanifen and Imhoff, come out with their new estimates. Both of them are supposed to be back in their offices tomorrow and maybe we can get some info on when their estimates will be out. CWEI closed on it's high for the day and this should mean a very good day tomorrow. Computer scans should pick up the volume change, the gain, and the new estimates. I would not be surprised if CWEI gapped up prior to the opening in the morning. Lajuanda said she would try to get Stocksmart updated this next week--that will help to. I think anyone who takes the time to look at the CWEI complete picture will become a buyer. If you are new to CWEI click on the URLs in the CWEI Introductory paragraph to this thread for information. and here is the URL for the new estimates that have been submitted so far:
techstocks.com

Read posts 147 and 150 from Wednesday.

Buzz
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