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Non-Tech : OAKLEY- NYSE:OO

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To: grasshopper who wrote (1269)	6/19/1998 10:29:00 PM
From: Greg Ballinger	Read Replies (1) of 1383

Grass, The drop to 13 was probably caused by speculation of the annual meeting and the announcement of the law suit with Bausch & Lomb. There was also that erroneous rumor about Jannard selling shares. Couple these factors with a down trend in the dow and asian currency troubles and you have a skittish investment community. As for your calls, I don't have enough info to advise you. Any long investments in OO, let them stay right here. This baby has a spike left in it. I feel it in my sole(s). I'll let you know when I'm ready to pull the trigger, but I feel safe in saying no time in the immediate future. On a personal note, you going to buy a pair of the shoes? I think I will. I need a pair anyway and the NIKE REEBOK stuff is just going to be too cheap. Did anyone attend the meeting? Can anyone confirm the watch/timer that they are rumored to release. I'm violating my own rule about rumors from Yahooteedoo boards. Good luck, Greg

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