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Non-Tech : OAKLEY- NYSE:OO

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To: Steven Angelil who wrote (698)7/1/1997 3:08:00 PM
From: Brian C. Lund   of 1383
 
Dear Steven,
After further investigation with Edgar and the SCE Home page, it is my understanding that an "insider" has up to 90 days to file a report on buying or selling. From the date that form is filled, to when you can access it on Edgar can be less than 1 days time.

So you can still have an insider sell a large amount and not know it for up to 3 months. That is not timely information for investing.

BCL
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