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: Ridemhigher who wrote (372)	2/7/1997 9:21:00 PM
From: Patrick J. Saunders	of 1017

Yes, I think the stock is over sold. Unless someone knows something not shown to the public, this is a great chance to pick up cheap shares any way you look at it: P/E basis, future earning potential from additional drilling; etc The question appears to be, when will oil prices stop falling? The CWEI share holding crowd appears to correlate the earnings to share price VERY closely. We should all take note of this for the future... Buzz, You are the God of OIL on this web site: What do the tea leaves say for the direction of oil prices? Just had a thought: Does CWEI sell all its oil product on the spot market? ( This would explain the volatility ) Or does it have contracts to deliver certain amount to energy consumers etc.. Good luck all. Patrick

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