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Non-Tech : OAKLEY- NYSE:OO

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To: giles who wrote (749)	7/8/1997 6:18:00 PM
From: Brian C. Lund	of 1383

Dear giles, As for taking OO private, I doubt it. OO only went public less than two years ago. Jannnard buys OO to keep his holdings over 50% and to give investors confidence in the company (so they buy more stock, and the price goes up, making him more money in the process). I don't think Jannard is going to do anything, but IF he did, a more likely scenario would be for someone to buy the company out. After all, that is why he went public, to get lots of money. He was actually a billionaire for a while. Someone had an interesting scenario a while back. It was Nike buying out OO and Jannard becoming a President or VP of Nike. He is friends with Nike CEO Knight. If someone were to buy OO out (which I think is unlikely) that would be the most plausible scenario in my mind. BCL

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