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Technology Stocks : Oak Technology (OAKT)

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To: AreWeThereYet who wrote (4252)7/30/1999 9:18:00 AM
From: lindend  Read Replies (1) of 4335
 
aC,

Pretty dismal quarter.

Did anyone notice that the digital video group was not even discussed in the quarterly report? Only optical and imaging.

Given Oak's past operating history, I expect to see them divest themselves of this group within a quarter or two. Given that digital video was the only hope of significant revenue growth, this does not bode well.

Optical's revenue is clearly drying up and they've missed the DVD window. The ONLY hope is imaging. Pixel is well run and I'm not sure about Xionics.

Hopefully, they can pump this thing above 5.
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