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Non-Tech : OAKLEY- NYSE:OO

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To: Hippieslayer who wrote (999)8/27/1997 1:30:00 AM
From: Brian C. Lund   of 1383
 
A few resistance points...........

12.50

13.25

13.625 (this is an old point from original tanking and may not be valid any more)

14.125 to 14.25

16.125

anything above 16.125 will be tough, although I have to imagine that those who bought during those periods are way gone. I can't imagine buying OO above 17.00 or 18.00 and keeping it this whole time.

OO is getting very close to breaking its intermediate term down trend, and the long term down trend would not be much past that. 12.50 will be a very important trend indicator, now more than previous times. By the way, if OO did get up past 16.00 I would say that they have tremendous upside potential (attacking old highs). But don't hold your breath for that to happen very soon.

BCL
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