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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: Buzz Mills who wrote (163)12/13/1996 4:56:00 PM
From: Kendell Phillips   of 1017
 
If CWEI closed between the bid and ask someone must be buying. What size was the last trade? The last time CWEI was over 16 and dropped back under 16 there was quite a bit of support around 15 3/4. I expect the 15 5/8 ask to be very close to the bottom. The potential for CWEI in Cotton Valley is to great for anyone to get out now. I believe we are going to see a great week next week for CWEI. As Funds shed the loosers for the year we should see more large block buys next week. Good Fortune to all. I will be back on Sunday Night.
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