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Non-Tech : OAKLEY- NYSE:OO

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To: Dr. Jeff who wrote (611)6/24/1997 1:08:00 PM
From: Steven Angelil   of 1383
 
Dr. Jeff,

Aren't you curious about WHY the big blocks are being purchased? Up more than 1 point on a 12 dollar stock is a pretty big % move. Hard to believe it is due to technical reasons only. I'm thinking there has to be some take-over rumor or some other factor moving this stock.

Steve

p.s 13 5/8. Can you say"irrational exuberance?"
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