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

To: Christian Braboretz who wrote (1294)	8/5/1998 9:26:00 PM
From: Trey Yon	Read Replies (1) \| Respond to of 1383

Christian are you sure that 100k was on the buy side & not a short sale? My take on the one day action today was quite negative. 20 mill weekly share volume was what it took back in '96 to break the stock from $30 to $20 and then again to bust it from $20 to $10, maybe it's weak reasoning on my part, but it seems to have worked thus far. OO's go'in lower short term, I'm on the sidelines for the next several weeks at least. I'm looking for a re-entry in $8 to $10 range. RAYS was down again testing $7.25 Much of todays action probably has to do with the M/L Sola downgrade & subsequent thrashing.