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 (196)	12/18/1996 11:49:00 PM
From: Kendell Phillips	of 1017

Buzz, I was thinking how ironic it was just a few weeks ago when we were computing CWEI earnings on $23/bbl and thinking that $25 bbl would be outrageous. At $26/bbl and a small increase on production CWEI could double earnings last quarter with the rise in natural gas also. I would like to get Lajaunda's comments on production rates. Last time I brought the subject up with her she said the rates were proprietary info. I agree with your technical analysis for support. But what is keeping this stock from jumping 20% a day until it is fair valued. Heck, if it could demand a P/E of just 20(industry P/E=27) that would double the price today. I am ready for a breakout! Hope it just began.

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