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Non-Tech : OAKLEY- NYSE:OO

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To: Dr. Jeff who wrote (1045)9/13/1997 8:08:00 PM
From: Elliot Lepler   of 1383
 
Greetings to all of you on this board,

Until yesterday I knew nothing about this company. Some high-pressure, bozo, cold-calling broker tried to sell me some shares. He tells me that the company is a sure bet to go to $20 since Michael Jordan has an endorsement contract and his only compensation is thru stock options. I asked when Michael came on board and he told me it was in the last month or so.

I asked about earnings and he says he leaves that to his analysts, but he knows they will earn 50 cents this year. Made no mention of the recent earnings downgrades.

You may be wondering why I am posting this since I would not buy a pack of gum from this guy. Well, you should be aware that this hype is built into the current price of the stock.

And I am curious about Jordan's position. I can not find when he came on the board and what his compensation agreement says. Anybody care to fill me in?

Thanks in advance, but not much chance I would be interested in owning this company. Good luck,

Elliot
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