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Non-Tech : OAKLEY- NYSE:OO

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To: Sam Nizam who wrote (228)3/6/1997 4:28:00 PM
From: Sam   of 1383
 
Where did you get this information concerning the shipment of 24 pairs? Any URL, or was it from investor relations?

As for X-Metals contributing to the current quarter; doubtful. Remeber this from last quarter report:

"We expect to incur some residual impact from these developments in the first and second quarters of 1997, but we are working closely with
Sunglass Hut management to ensure that, going forward, appropriate inventory levels are maintained and optimal sell-through rates are achieved."

Parnell added that Oakley has several new products under development that are slated for release at various times over the course of the year, including its new X Metal line. However, the company does not expect to realize the full benefits of any new product introductions until after the first quarter of 1997.


I don't know how much Oakley has to hide after making those comments. Regardless, I still believe in the long term fundamentals of the company.

Sam
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