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Non-Tech : OAKLEY- NYSE:OO

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To: Brian C. Lund who wrote (1125)10/27/1997 3:31:00 PM
From: Brian C. Lund  Read Replies (2) of 1383
 
Ya know, all said and done, with the market down over 530 right now, OO isn't doing too bad. Down 1/2, but really the bid is only off 1/8 from friday. If OO holds 9.00, especially on a day like today, I would say that is a pretty strong support level. I really would expect it to have his it's 52 week low on a day like this. Volume isn't very big either. Either all the longs have sold out, or everybody has just forgot about poor old Oakley <g>. If Dow has a blow off down day, this might be the low (and double bottom) that OO has been looking for.

BCL
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