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Non-Tech : OAKLEY- NYSE:OO

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To: Night Trader who wrote (888)8/7/1997 2:24:00 AM
From: Brian C. Lund   of 1383
 
As everyone knows, I am not in OO currently (I am in BKR, ABTE, SOCR, and HPII, just in case you cared), but I can't help but think that OO is not looking too bad. I still wouldn't buy until it breaks out, but unlike past history when it has had bad earnings or taken a price hit, it has not continued like a rock. It is hanging pretty tough in that
11.75 support/resistance area. There may be some longer term buyers coming in looking to benefit from the promised recovery in Q3 and Q4. I have been seeing good size bid numbers lately, but since I can't see
individual size of orders, maybe Dr. Jeff or Maria can tell us if there has been any pattern of larger orders hitting the bids lately.

BCL
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