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Non-Tech : OAKLEY- NYSE:OO

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To: David Naggar who wrote (424)	5/9/1997 9:31:00 PM
From: Brian C. Lund	of 1383

Dear David, Thank you for having the guts to answer my question (and doing so without taking shots at me). My problem is this. Answers to 1 & 3 are just guesses. You even state that in your answers. I don't know where you got the info on answer 4, but if it is from OO, consider the source. This is the same company that said X-Metals would be released on Feb 28th, and then did, but only 50 pairs. How can question 2 be irrelevant? Almost every fundamentalist that is supposed to be worth his salt uses overall market conditions as a major factor in picking stocks. Yes, the relative downside is low, BUT why is the world would anyone even bother with OO. 10 to 8 would be a loss of 20%. Even if it doesn't drop, the opportunities you are missing out on (and the time value of money) don't even remotely justify wrapping any money up in OO. BCL P.S. What do you think of posts like Dave Luken's "15 by years end. Easy?"

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