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Non-Tech : OAKLEY- NYSE:OO
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To: BAXTERBOO who wrote (760)7/10/1997 8:51:00 AM
From: StormRider   of 1383
 
They did not meet their expectations. Also, they mentioned their efforts to reduce and rebalance inventory levels will depress gross profit margins in the second quarter. What does it mean? How much of an impact is "depress"? I don't know. I hate when vague terms are used without explaining them.
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