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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 (270)1/8/1997 4:04:00 PM
From: Buzz Mills   of 1017
 
CWEI hit a new Historic High Today of 19 3/8, CWEI also had a New
Closing High of 19 3/8, +1 and 1/8, Bid 19 1/8 X Ask 19 3/8 on Huge
Volume..over 205K

CWEI ran up early this morning to a high of 19 3/8, then sold off to
18 1/2 X 19, before roaring back up to 19 3/8 on extremly heavy
volume. The fact that it not only regained the high for the day, but
closed at it, is very bullish. CWEI was again one of the big winners
on the Stocksmart Winners/Losers Graph.

stocksmart.com:8802/ows-bin/owa/iy.g?iid=7&pagetype=S&listType=N&maxRows=0&mktcap=2&inpPe=0

I am not aware of any news on the stock other than Hanifen, Imhoff's
new estimate should have been released. On my screen there were a
few trades that went through, it appeared after the market closed,
showing CWEI at 19 1/4. Nevertheless, it is still very bullish.

Oil and gas were both up today.

February Futures Prices
Oil $26.60, up 0.37 (CWEI received $21.19 in Q3)
Gas $3.50, up 0.17 (CWEI received $2.62 in Q3)
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