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Non-Tech : OAKLEY- NYSE:OO
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To: Andrea Bornschlegel who wrote (127)1/24/1997 1:29:00 AM
From: Razz   of 1383
 
Andrea, you are too modest. The cost of the new corporate center/research facility as I recall from the 10K was $26 million. I do not know what accounting methods Oakley uses, but some portion of that amount will be applied to its earnings. I did not mean to imply that the whole cost would be taken as a charge as against income. I stand corrected. I think analysts based their revised estimates on Sunglass Hut's slowdown, without taking much else into account. This is my unsupported opinion. Overall, I am positive on Oakely.
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