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Non-Tech : OAKLEY- NYSE:OO

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To: stockvalinvestor who wrote ()2/7/1997 12:10:00 PM
From: Al Bearse   of 1383
 
Is it me or is this stock a hell of a buy? I've been watching for a while as the price continues to plummet. I'm sorry for those of you who are in at higher levels, but I'm excited. To be able to pick up this kind of company in the $8 range is a steal. Am I wrong? Oakley is still the major player in the sunglass market, they are still making money, reasonable long term debt, a great name, and foreign sales possibilities. How can this stock be only $8.00. Yes I realize sales were down and there is a large stock float, but the sunglass market was hyped. The key is they still made money! And that was during a bad quarter. Their prime sales time should be during the summer months. I've done my research and I want in, but the price keeps falling and I can't pull the trigger. Does anyone have any knowledge against mine, or any opinions on the bottom or 6 month projections. If so keep me informed!! Thanks

Al
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