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Technology Stocks : Oak Technology (OAKT)
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To: Acres H who wrote (3602)11/19/1997 7:51:00 AM
From: Sparky65  Read Replies (1) of 4335
 
Acres, the thing that really scares me here is that the stock is going down while Comdex is going on. That tells me that Oakt's products are not exciting anyone. To me, that's a huge problem.

With other DVD companies already having at least one win under their belt, it is very scarey that Oakt has not. I think one would have to be concerned with whether Oak will be a DVD player or not. If they don't, this company will just go away and you will see the stock easily in the $5 price range.

With the level of volume we have seen in the last month, it tells me that there is no institutional buying of this stock. That is going to drive the stock down lower.
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