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: Lucretius who wrote (402)	2/14/1997 12:18:00 AM
From: Buzz Mills	of 1017

Lucretius, I have crunched the numbers quite a few times using 3rd quarter production numbers and the price of oil and gas during the fourth quarter. Reference the following post; management said they were comfortable with the estimates before the 3rd quarter announcements also; if production happened to increase during the fourth quarter my numbers would be low: techstocks.com Note: Paine Webber reduced their estimates .05 before they went out on the street, to 0.64 and 1.78, but based on the letter, CWEI's management was comfortable with the 0.69 and 1.83 numbers. CWEI, in the past, has easily beaten (by 25% or more), the street's expectations. Buzz Mills

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