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Non-Tech : OAKLEY- NYSE:OO

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To: rainman who wrote (354)	4/16/1997 2:09:00 PM
From: Brian C. Lund	of 1383

>Also remember Oakley is building and should be moving into their >new corporate headquarters. This costs money. ......Does anybody read previous post on this thread? See post #286, Oakley moved into its new headquarters weeks ago. Regarding resistance, we are at it right now as I speak at 11.75 to 12.00. Worry about that first. Here is a tip! I don't know what most of your positions out there are, but keep an eye on the April 12.5 put options. If OO moves up later today, and they bcome cheap, I would seriously consider buying some to hedge your position. No matter what the numbers are tommorrow, who knows how they will be reacted to. Rember the 3rd quarter 96' numbers? They beat estimates, and the stock tanked. Spending a couple hundred bucks to lock in the move from 9 to 12 might be worth it. Worst case scenario, the numbers are good, the stock jumps up, and you let the options expire on Fri. BCL

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