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Non-Tech : OAKLEY- NYSE:OO

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To: grasshopper who wrote (1291)	8/4/1998 11:42:00 PM
From: Trey Yon	Read Replies (2) of 1383

grass, Hope you enjoyed Froggy-land. I blew out the remaining 2/3rds of my OO stake Monday @$14.44 Stock has tried & failed for 4th time to pierce thru $15, just to much resitance (i.e. profit taking) and a lack of VOLUME. OO need to see 20 mill. shares change hands in a week to break thru and it's nowhere near that. Also of note the gut doing the "Smart Money" model portfolio also recommended taking profit in the Aug issue. RAYS has gone from $12 to $7.50 in the last two weeks. They better come out with double digit comp sales for July or it's back to $6 for them. Chain store sales are due out Thursday. A bien-tot, TY

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