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Non-Tech : OAKLEY- NYSE:OO

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To: Ms. Baby Boomer who wrote (227)3/6/1997 3:06:00 PM
From: Sam Nizam   of 1383
 
To All,

I believe Oakley's grand unveiling of the X-Metals last week was only a shipment of about 24 pairs nationwide. Each retailer that got any received only 1 pair. Rene in Investor Relations at Oakley could not tell me definatively when they might be shipping more. Despite asking the question 5 times in five different ways, I could not get a straight answer. I felt like i was interviewing a politician. I believe they shipped a token 24 pairs just to save Jim Jannards bonus.
I sold my long position today and will buy back later after Oakley provides more answers. I don't think the X-Metals will contribute any significant revenues for the current quarter which scares me near term. I will buy back under 9.
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