View Full Version : Oakley Being Sold!!
Jay A. Kelley
06-21-2007, 09:43 AM
I guess this should not be a surprise to us since we've been the ones eating up all of Jim's time. I am sure there are a hundred reasons or the sale, but it would seem Jim's committment to RED is beyond question. As Mike says, he's "all in".
I never had a doubt.. Exciting stuff!
Here's the link:
http://investor.oakley.com/phoenix.zhtml?c=67365&p=irol-newsArticle&ID=1017819&highlight=
Jay
Steve Gibby
06-21-2007, 09:48 AM
Yes indeed...
The buzz on that hit the Off Topic forum with a thread early this morning.
Link: http://www.reduser.net/forum/showthread.php?t=2946
Jay A. Kelley
06-21-2007, 09:49 AM
opps... Sorry... Then I expect this will go away as well..
:)
Steve Gibby
06-21-2007, 09:59 AM
No worries Jay...I think that news should be of major interest to this board. Early this morning I first noticed it via a headline on the home page of the MSNBC web site, under the Business column. It is major business news, and I agree with you and what Mike Curtis posted - if the deal closes as described in the press release, it could bode well as a health thermometer reading for RED.
Ramesh Jai
06-21-2007, 10:03 AM
No worries Jay...I think that news should be of major interest to this board. Early this morning I first noticed it via a headline on the home page of the MSNBC web site, under the Business column. It is major business news, and I agree with you and what Mike Curtis posted - it bodes well as a health thermometer reading for RED.
I agree. RED 'should' benefit.
Matthew Verkler
06-21-2007, 10:14 AM
NOT off topic.
I guess we are going to see alot of RED products in the future for sure now. Good news!
Who knows. Maybe RED can become as iconic as oakley in the film buisness.
Jeff Kilgroe
06-21-2007, 10:25 AM
Well it is OT... As it's not about the RED One or RED directly. Besides, we already have a thread on this here (http://www.reduser.net/forum/showthread.php?t=2946).
Zakaree Sandberg
06-21-2007, 10:25 AM
yah but its not saying JIM is done with oakley..
its just saying they are buying the outstanding shares.. Jim might hold 51%
Not sure..
Jeff Kilgroe
06-21-2007, 10:28 AM
Yep, what zakaree said...
But I'm closing the thread still since we don't need two on the subject.