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Non-Tech : OAKLEY- NYSE:OO

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To: dave luken who wrote (726)	7/2/1997 11:16:00 PM
From: giles	of 1383

I hope you're right that OO will definitely hit earnings estimates. While I'm positive on the stock and we longs absolutely need them to make their numbers and believe they will, BOL said they'd meet their estimates IN SPITE OF the sunglass division which was still having some of the same Sun Hut problems as last quarter and that their RayBans shades were not selling particularly well. Hope it's b/c of OOand not an industry problem, but they made it sound like an industry problem..

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