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Non-Tech : OAKLEY- NYSE:OO

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To: Brian C. Lund who wrote (900)8/7/1997 5:39:00 PM
From: Dr. Jeff   of 1383
 
Sorry you weren't "IN" with us. Wish I had posted yesterday with my intentions and subsequent actions, but I wasn't home. I put in my orders by phone (I usually do online trading). Anyway, I am deciding to stay long based on the size of the blocks that were buying today. All the big ones were 13 1/8 and 13 1/4. It may dip tomorrow so you can get back in, but this shows another sign of strength. RAYS was upgraded, so an OO upgrade is quite possible, even likely. UPSIDE HAS RETURNED!!!!!! By the way, the open was strange this am. It opened about 15 minutes late. It showed the first trade as 4000 shares bought at 12 3/4, then another 3000 at 12 3/4, it haulted for 3 minutes & it then showed a 100 share trade at 12, before halting again! Pretty lousy tactics on the NYSE part. My guess is that several people put in sell orders immediatly after seeing that, so they(NYSE specialists) could fill the first trade after the second halt! It was big;190,500 shares at 13 1/4
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