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Technology Stocks : Oak Technology (OAKT)
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To: Doug Skrypek who wrote (3869)1/23/1998 3:27:00 PM
From: Baoho Chang   of 4335
 
Hello, Doug. I agree with you that Oak has too much cash on hand. They should utilize the cash to enhance shareholder value by either buying back more shares or acquiring new products and technology.

OAKT dosedived today. It does look like that Oak stepped in and bought anything. So the share buyback program is probably not going to be carried out to the full extent, to say the least.

Regards,
Baoho
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