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Non-Tech : OAKLEY- NYSE:OO
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To: Ms. Baby Boomer who wrote (804)7/17/1997 4:38:00 PM
From: Dr. Jeff   of 1383
 
Maria,
At 12:50 there was a sell of 259,000 shares at 12 1/2 followed shortly thereafter by sells of 40,000 and 100,000 shares at 12 1/2. That is some pretty big boys jumping ship. I find it interesting that the final trades of the day were in the 12 5/16 to 12 3/8 range; however, the final 2 trades were a 200 share buy at 12 9/16 followed with a 100 share sell at 12 1/2. I love the way the specialists can move things around. Final damage today is down $1 1/16 on 1.5 million shares traded. Not as bad as I expected. But tomorrow is another day though. It's resting right in the support level with lots of resistance ahead. I think some of the specialists may be holding lots of the stock! Let's see what they do with it..............
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