SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : OAKLEY- NYSE:OO
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Collins who wrote (198)3/1/1997 6:51:00 AM
From: Peter Longerich   of 1383
 
Michael,

You've got it exactly right.

It's anyones guess how Oakley will do over the next few years. On the plus side, they have done well until recently. If X-Methals are a hit, and they grow 20% to 30% over the next few years, they are clearly unervalued.

If they don't get their act together, and Nike or another competitor steals market share, they may be in for a tough time.

At least the stock has been beaten down enought to allow for substantial gains if thing go well. The stock could easily double if they show a few quarters of good growth ( and the market factors in a decent growth rate going forward).

I think a great basic book in investing is "A Random Walk Down Wall Street" by Burton Malkiel. You will learn about fundamental investing, the pitfalls of Technical Analysis and learn how the greater fool theory leads to disaster. Proponents of TA should read it also.

Good luck,

Pete
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News