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Non-Tech : OAKLEY- NYSE:OO

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To: grasshopper who wrote (1077)9/25/1997 10:43:00 PM
From: Dr. Jeff   of 1383
 
Grasshopper, check out this site:

interactive.wsj.com

Look up Oakley for the short interest. It went up 10% in the last month (meaning more people shorted it). There are now almost 5 million shares short! Shorts are usually the most researched "investors" out there, though many of them have been squeezed senseless over the last few years as momentum investors pushed stocks to ridiculously overvalued levels. I think going short this dog will make you some money! But caution is always prudent! Clearly the stock is very heavy, lots of downward pressure. Every time it tries to go up, the increase is sold into, thus dropping it back down.
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