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Non-Tech : OAKLEY- NYSE:OO
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To: Brian C. Lund who wrote (978)8/19/1997 12:26:00 AM
From: giles   of 1383
 
For what it's worth, I seem to remember RAYS management saying a couple of times in the past 2 months that while inventory levels are improving, we shouldn't be expecting much on the bottom line for this past QTR which comments lead me to believe the company is turning around but will show poor earnings this past QTR.

While I believe RAYS will show poor numbers, I also believe they will be somewhat neutral on the current QTR and positive and the next QTR earnings, which should be positive overall.

If they mention OO positively like they did BOL in the July sales report that would be great, but who knows what they'll say on their own. I would imagine that some analysts will ask them about their suppliers though so there's a reasonable chance they'll say something about OO in response to questioning..
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