SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Oak Technology (OAKT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: virgil vancleave who wrote (3656)11/25/1997 1:16:00 PM
From: Bonzo  Read Replies (2) of 4335
 
After listening to Michael Dell this am on CNBC, I'm convinced much of OAKT's problems are a direct result of the "Asian Flu" and its effect on ASP for components. Mr. Dell, who builds "boxes" was licking his chops about the lower material costs and increased margins as a result of the Asian currency and recessionary problems. Dell only does 6% of thier business in Asia which would be more than offset by the lower component costs. Whoa be to component mfgs. We may be in for a rough ride for awhile. That said unless you think OAKT is on the brink I personally would be a buyer at 7 or lower, to average down. And no I don't think I'm throwing good money in after bad. Just go back to my post on cheap valuation to see why.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News