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 (361)	2/5/1997 9:41:00 PM
From: Kendell Phillips	of 1017

Along with you I am holding on to CWEI and make take advantage of any more dips to pick this stock up at a bargain price. I have suffered losses in all oil stocks that I own the last 2 to 3 weeks. The fact that demand is increasing and oil supplies are fixed still remains true. The overall market has a negative impact on the price right now but look at the positives, last year at this time CWEI was making money on $19 bbl oil. CWEI will continue to make record revenues for the 4th quarter and then one good well in the Pinnacle Reef formation will cause this stock to pop again. With the potential new discoveries I consider a dip on this stock a buy opportunity. Six months from now I will be kicking myself for not buying more of it.

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