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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 (257)1/3/1997 9:16:00 AM
From: Kendell Phillips   of 1017
 
Good day Buzz. I am looking forward to this month. Although earnings will not be out until later, analyst will be calculating them anyway. I just read in the Wall St. Journal 1/3/97 that big institutions have been on the sideline this week. If they jump in by the end of January I expect another good move for CWEI. The time to get in is now! The past two quarter stock price increases have occured BEFORE release of earnings. I first got in CWEI at $8, but I believe that staying in a stock is just like buying again for that day. I have increased my holdings through all the ups and downs and have been rewarded for it.
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