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Technology Stocks : Oak Technology (OAKT)

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To: Sparky65 who wrote (3600)11/18/1997 7:00:00 PM
From: Bonzo  Read Replies (1) of 4335
 
Sparky if its any consolation I would be a strong buyer at 5 3/8 :)

Seriously I'm hanging in there until next year. The company and its products are no where as bad as its share price. Yes its undervalued but there is little interest in it right now. The positive outlook would be that if OAKT's new products do start selling then we are in before the "herd" starts their accumulation which undoubtely will drive the price much higher. Then again OAKT may be a good candidate for some year end tax selling. I would expect the January effect to give OAKT a pop. BUY below 9 for a ride to 12 in Jan.
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