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Non-Tech : OAKLEY- NYSE:OO
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To: grasshopper who wrote (1104)10/21/1997 11:10:00 AM
From: Dr. Jeff   of 1383
 
They said it, you said it, and I said it long ago. I think they may even report a loss in Q1 of 98. It will be interesting to see how bad tomorrow's number is. I am going to guess 4 or 5 cents a share. Anything more than 8 cents will surprise the hell out of me. I can't figure the low volume on this thing. The lower it goes, the less the volume. That means most of the people that have purchased this dead dog in the last few months are actually sitting on their loss. If earnings are worse than what these people want, is that when they are going to sell? If the earnings are better than expected, are they going to buy more? Are any new people going to be attracted to buy Oakley now? It just seems unlikely that anything will get this stock to do much of anything. Earnings will likely be a nonevent. I will be interesting to watch however. $10 is still too generous a price to pay for this company's lousy performance. Jannard should give his shares away...................
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