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Non-Tech : OAKLEY- NYSE:OO

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To: Sam Quentin who wrote (394)	4/20/1997 11:47:00 PM
From: dave luken	of 1383

Sam yes i am saying this is bullish. I have seen quite a few stocks in the last two days alone come in with earnings, even or a penny behind estimates and the stock drops 50%. These stocks trade at pe's of 40 50 etc and any unspectacular news sends them plummeting down. Thats why I personally like stocks like oo. 1. heavy insider buying 2. leader in their field 3. stock trading at reasonable multiple 4.most analyst dont like it ( they only like stocks that are at 52 week highs). 5.all of the above

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