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: Buzz Mills who wrote (162)	12/13/1996 4:38:00 PM
From: Buzz Mills	of 1017

CWEI closed at 15 3/4, -3/8, Bid 15 5/8 X Ask 15 7/8..Volume 74.6K CWEI traded as high as 16 3/8 briefly at the opening this morning before losing ground in the late trading to close down near its low for the day. Haven't been able to attribute the volume of the preceding days to anything other than some of the news on the earnings estimates getting out. I was surprised that CWEI closed down today, especially in view of the momentum we closed with yesterday. Oil is back up after the temporary chaos caused by Iraq beginning to ship oil. Zacks will factor in Paine Webbers estimate to their numbers this weekend and I will post that information as soon as it is available. Kendell checked with Fidelity on shorts against CWEI and was told 2908 shares; that miniscule number says a lot about the strength of CWEI. At 1600 EST Oil is at $24.48, up 0.76 (CWEI rcvd $21.19 in Q3) At 1600 EST Gas is at $3.88, up 0.33 (CWEI rcvd $2.62 in Q3) Buzz

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