OAKT was mentioned in a Barrons article. Does anyone still feel that OAKT will not benefit from the Jan. effect? I expect a "snapback" to 10.00+ sometime in Jan. Its a nice to time take a position.
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NEW YORK -(Dow Jones)- Shares of ESS Technology Inc. rose sharply
Monday after the company was mentioned favorably in Barron's business
and financial weekly.
ESS was listed in the Barron's small-capitalization stock report as
having the potential for "big-time appreciation," after having been
beaten down recently. Other stocks mentioned in the same vein included
Oak Technology Inc. (OAKT), Altron Inc. (ALRN), Symmetricom Inc. (SYMM),
Peceptron Inc. (PRCP), Fab Industries Inc. (FIT), Intervoice Inc.
(INTV), Periphonics Corp. (PERI), Edelbrock Corp. (EDEL), Smartflex
Systems Inc. (SFLX), Sport-Haley Inc. (SPOR) and Cornerstone Imaging
Inc. (CRNR).
At midday, shares of ESS Technology (ESST) were up $1.188, or 12%, at
$11. Shares of the other companies also rose.
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