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Non-Tech : OAKLEY- NYSE:OO

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To: Brian C. Lund who wrote (1018)	9/8/1997 3:31:00 PM
From: giles	of 1383

Brian, Absent a general market decline, OO with increasing earnings will only go up IMO. I repeat the latest time for breakout will be after earnings report. At 2pm today stock looked very strong and close to "breakout," which for me only means up, as it was trading at high end of most current trading range. BTW, I like the choice of the new CEO based on his performance during the last conference call on last Q's earnings.

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