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Technology Stocks : Oak Technology (OAKT)

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To: John B. Wilson who wrote (3657)11/26/1997 1:19:00 AM
From: Sparky65  Read Replies (1) of 4335
 
John, thanks for the information. I will check it out. It is interesting that there is still 3 of the 5 analysts that have Oakt at a buy or strong buy.

My question is: If the stock was a strong buy at $10-$12, what is it at $7.5 when I can't find anything negative on the company.

I know I said the stock could go to $7, but, I am very suprised to see this kind of weakness. I would have never guessed in a million years that we would be sitting at $7.50 right now.

It is one thing to be a stock that is out of favor, but, to be almost trading at book value tells me that something more is going on.
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