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Non-Tech : OAKLEY- NYSE:OO

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To: rainman who wrote (863)	7/25/1997 4:44:00 PM
From: dave luken	of 1383

Jeff, I bought april 7 at 9.125 so I do have about 25% profit(got you by one percent, and i dont have to follow daily moves). You do have a point about why did I buy in april if I didnt expect them to beat estimates till Sept. In my opinion a stocks usually takes off a couple months before a good quarter, but not always. Second, I admit I have a hard time knowing when to sell. I could have a 50% profit if i had sold at 13.5 a week ago. I really dont have a lot of time during the day to follow a stock like you do, so i tend to be somewhat of a longer term investor. I appreciate the civil way you disagree with me instead of chastizing me with unnecessary remarks.I wish every dog i invested in went up 25% in 3 months.

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