Oak Technology (OAKT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Oak Technology (OAKT)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Peter Smith who wrote (4261)	6/11/1999 7:07:00 PM
From: Cymeed	Read Replies (1) of 4335

Yes, the thread is just too quiet. Everybody gave up. I am glad added a huge speculative position on this stock a few weeks ago. Yes, there should be good news coming in the next 12 months. OAKT is trading below its equity value of $5.08/sh and just slightly above its cash value of $3.40 with recent gains. So everything bad that could happen in the future have been included in the share price. What left is all good surprises. The company has new management, new product, no debt, plenty cash, still a large customer base, well-known name in their industry. Some of their chips are going to turn this company into profitable again. And it may be soon. That is my bet any way. Technically, the stock is very strong. Some big boys are accumulating this stock big time. I don't know who. Any clues?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next