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

To: Brian C. Lund who wrote (1152)	12/6/1997 12:25:00 AM
From: grasshopper	Read Replies (1) \| Respond to of 1383

Brian, As usual, I really appreciate your input. I still am long 13000 shares on OO. 12000 at 11 5/8 (averaged down as a result of selling the 12 1/2 calls), and 1000 at 9 1/2 (sold the Dec 10 calls for only 1/4 point premium). I did NOT sell any Dec. calls on my 12000 shares because the 12 1/2 calls were not worth it (or selling) and I thought that the 10's would be called out (at a loss for me). It is very telling of my nature to have so much on the line in one stock. I am still a novice with BIG BALLS and thirsty for knowledge. I am banking on a up CLIMB in '98. I am a trader, I have made over 10k TRADING this stock this year, and I am also an investor, holding on to my OO because I am below entry point and I can't sell for a loss and apply it against my gains due to the wash rule. I d0 believe, as an investor, that OO will pay off next year, about 3/4 the way through the year. grasshopper