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Technology Stocks : Oak Technology (OAKT)

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To: Daniel Shaffer who wrote (4282)8/19/1999 9:12:00 AM
From: David Semoreson  Read Replies (2) of 4335
 
Looks like a big opening today ... this was released after the bell yesterday.

Oak Technology Announces Major OEM Design Wins in Growing Connected Office Market for iDSP Product

ANDOVER, Mass.--(BUSINESS WIRE)--Aug. 18, 1999-- Oak Technology (NASDAQ:OAKT - news), today announced that Fujitsu, Hitachi and Hewlett-Packard have chosen its PM-44+ iDSP as the imaging solution for their high-performance scanners and digital copiers. The announcement reflects rapid customer acceptance of the PM-44+ solution in the growing digital office equipment space and solidifies Oak's technical and market leadership in the emerging connected office arena.

biz.yahoo.com

** David
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