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Non-Tech : OAKLEY- NYSE:OO

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To: Brian C. Lund who wrote (1034)9/9/1997 1:51:00 PM
From: Brian C. Lund   of 1383
 
....You must have felt it was undervalued at some point in that sequence, as per your post. You must have thought it was going higher at some point.......

Started By: Steven Angelil
Date: Jun 14 1997 9:34PM EST

I have been into this stock since it crashed last October. One o ftwo things should
happen here. Either the premium sunglass industry is dead, or at some point sales at the
Hut will pick up again SOMETIME! The company is searching for a new CEO.
Basically, the company is at the crossroads. I think it will survive. Let's see what you
think.

Steve

Do you still feel comfortable using the terms over/undervalued?

BCL
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