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Non-Tech : OAKLEY- NYSE:OO
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To: Cornelis van Helden who wrote (587)6/21/1997 1:55:00 PM
From: Dr. Jeff   of 1383
 
With my T/A, I see 12 3/8 resistance being taken out if volume hits about 600,000 shares. This could quite likely happen on monday. It held 12 3/8 at close on Friday. 12 has now become a pretty solid support level. If earnings are solid for this quarter, we will be looking at 15 5/8 as the next level of serious resistance, though it won't be a smooth ride from 13. If they follow up a good Q2 with an even better Q3, Oakley will be approaching or past 20 by October. I guess will just have to see how this all plays out! GOOD LUCK!
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