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Non-Tech : OAKLEY- NYSE:OO

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To: Dr. Jeff who wrote (957)8/14/1997 2:47:00 PM
From: Dr. Jeff   of 1383
 
Another 40,000 share block sold at 11 11/16. OUCH! What will happen if some real selling volume comes in? I believe that part of the problem could be attributed to the 10-Q filing that was filed yesterday. The balance sheet looks weak, very weak. Oakley used to be debt free, now they are incurring more and more debt every quarter. There are also several lawsuits pending against the company. As an investor, It is highly recommended that you read the entire thing. Click on the site below, and enter OO in the symbol search box. It would be a good site to bookmark for future use when checking out other companies as well. Best of luck, Jeff..........

freeedgar.com
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