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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 (324)1/24/1997 1:35:00 AM
From: Evan Stern   of 1017
 
BUZZ,
Could you briefly explain to me why 1997 earnings will be less than 1996. IS it due to capital expenditures on a project. It is good that management is comfortable with increased earnings. I think the reason stock has been weak last few days is just some profit taking and also the drillers and other oil service stocks have been weak like GLM. Do you like any other oil service stocks. I own GLM and CWEI. I used to own GLBL but it got a little ahead of it self so I took profits.GLBL is ranked one by value line, and was recently written up in IBD. Thanks for keeping me up to date on CWEI.
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