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Technology Stocks : Oak Technology (OAKT)
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To: Cymeed who wrote (4262)6/12/1999 4:08:00 PM
From: Dr. Jeff  Read Replies (1) of 4335
 
Yes, The time to get long OAKT is now. This stock has been heavily accumulated in recent months at very low prices. Gabelli Funds has been loading up lately:

edgar-online.com

Obviously, smart money isn't going to commit millions unless they are optimistic about future prospects. Certainly, I don't expect OAKT to shoot to the moon like the internet stocks do (or DID, - I should say). But I think money is going to start looking for more value stocks now that the high flyers are finally blowing up. OAKT represents value at these levels.
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