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Technology Stocks : Oak Technology (OAKT)
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To: gregor who wrote (3583)11/17/1997 5:51:00 PM
From: Sparky65  Read Replies (2) of 4335
 
Gregor, sure there will be some people that will be looking to sell stock to take some losses this year. However, there have been a lot of losses already this year after the last couple of months.

I don't think that people are selling their Oakt shares to take a loss. Based on the recent volume, I would say that the institutional investors are no longer buying this stock. It looks to me like there is no confidence in the market for the sales pitch this company is giving.
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