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Non-Tech : OAKLEY- NYSE:OO -- Ignore unavailable to you. Want to Upgrade?


To: grasshopper who wrote (1143)11/25/1997 6:45:00 AM
From: JT  Read Replies (1) | Respond to of 1383
 
Grasshopper, What reasoning do you feel OO will double in a year? As much as I like Oakley shades they haven't really come out with much lately that makes me excited. The X-metals are too expensive and have not seen anyone wearing them. Their old line is getting stale, not enough to carry them in the short term. Sort of cautious about their shoe plans and how this will affect the bottom line. I also see alot of competition for them. Other companies are aggressively going after market share and Oakley will end up sharing the pie. I'm looking at an entry point to get in, hopefully @8, but pessimistic about it doubling in a year. Although, I hope I'm wrong. Would like to hear your reasoning.

JT