Oak Technology (OAKT) Message Board

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Technology Stocks : Oak Technology (OAKT)

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To: Sparky65 who wrote (3504)	11/6/1997 8:55:00 AM
From: coopie	Read Replies (1) of 4335

Hi Sparky65, You may have just seen the revised earnings estimates, but that info. is more bad history rather than bad news. The earnings revisions were made back in October with the release of 1st Q. financial results. You could safely assume that this info. has been reflected already in the price of the stock. Now for the good news - expect more design wins in the near future (and perhaps a new product or two). I wish I did not own so much of this stock already, because right now, IMHO, you have the chance to buy into this company at fire sale prices (no pun intended). Looking for revenues to ramp up with their DVD line EARLY next calander year, and this trans. period from CD-ROM and VideoCD to DVD-ROM and DVD will not last long. Good Luck.

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