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Technology Stocks : Oak Technology (OAKT)

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To: James Yu who wrote (4314)	2/27/2000 11:46:00 AM
From: Synapsid	Read Replies (1) of 4335

There is a replay available on the net from a presentation by Young Sohn's at a recent technology conference: vcall.com The rise in stock price on Friday is probably due to this presentation, which provided some more hard facts confirming that the turn-around is really happening. Sohn said that have secured design wins with 5 out of the top 7 CD-RW drive manufacturers. They are still working on Sony, where Cirrus Logic (CRUS) is the incumbent player. This bodes very well for OAKT's CD-RW controller market share as the year progresses. He also said that OAKT will announce is next-generation DVD solution in March. The company is targeting DVD-ROM drives and DVD players.

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