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: Billiam57 who wrote (334)	1/30/1997
From: Buzz Mills	of 1017

Bill, I agree there hasn't been much volume on CWEI lately. To stimulate the volume it may take a News Release, a correction by Zacks on Paine Webber's estimates, or an upgrade by a brokerage firm would be very nice. I missed the early trading this morning but I didn't see many sellers today and saw good odd size buys (3600 shares, 1600 shares) late in the day. CWEI certainly has the fundamentals; hopefully they will come into play soon. I was glad to see Paine Webber estimating Natural Gas at $3.25 for the fourth quarter, and bringing Oil up to $23.62--they are getting pretty close to what I had estimated. Again, CWEI is comfortable with Paine Webber's 0.69 estimate for the fourth quarter. Maybe the other analysts will follow suit and also raise their estimates. Oil prices remaining high bode well for the first quarter '97 earnings. Let's hope for a good day tomorrow on increasing volume. Buzz

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