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Technology Stocks : Oak Technology (OAKT)

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To: Sparky65 who wrote (3662)11/26/1997 10:32:00 AM
From: AreWeThereYet  Read Replies (2) of 4335
 
Sparky,
OAKT is a fabless chip company (at least until UICC is up and running again).

While price is negotiated in dollors but invoice is billed on local currency according to 10K. Not sure how will it affect OAKT. But I DO NOT think the damage will be significant.

For short term OAKT will have some trouble as I previous said (selling pressure is not done but 7-8 should be close to the bottom) long term should be okay. At least it has a healthy balance sheet and not losing money. So it will come back eventually.

Now hopefully someone can tell me how much institution holding has for OAKT?

aC
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