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 (212)	12/21/1996 1:51:00 AM
From: Gary Faykes	of 1017

Buzz, In my post dated 11-22-96 regarding estimates for the fourth quarter and proposing a "challenge", you cautioned me about hyping CWEI. In that post, I predicted a $.64/4thQ earnings estimate and a stock price of $24.50 by FEB 1. I still stand by this forcast without hype, and just one man's opinion. From a technical viewpoint, our downside is warned at 14.25 and the upside is much greater. Market forces will reward us that have patience!!! All technicals still remain fully positive. Now I heed your hyping, my predictions aren't so crazy now are they? Gary

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