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Non-Tech : OAKLEY- NYSE:OO

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To: dave luken who wrote (732)	7/7/1997 12:30:00 PM
From: Dr. Jeff	of 1383

EARNINGS ARE JULY 17th (a Thursday). I am confused by your response. If they wanted to load up on the stock, then they already did. As you know, the estimates are about 14 cents. Not 11 or 12 cents. If they wanted to do as you theorized, they didn't, so what is your point? I had a stop that was hit at 13 this morning. I may re-enter if it hit's 12 and stablizes, but it has looked extremely weak lately. It is dropping like a rock! It could be a "stop scoop", but that is usually NASDAQ's game, not NYSE. It's been down everyday since the 1/2 point rise last monday to close at 14 1/16 after Barron's. Great earnings are a must to save this stock! Best of luck.........

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