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Technology Stocks : Oak Technology (OAKT)

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To: Sparky65 who wrote (3741)12/9/1997 7:48:00 PM
From: Cymeed  Read Replies (2) of 4335
 
Sparky, if I understand properly, I guess OAKT is trying to maintain their CD-ROM business as long as possible and as much as the market still needs CD-ROM. Even with DVD, the CD-ROM will not go away immediately. We also should remenber they are doing this at the same time they are pursuing other new business. I am happy to hear what the management has said so far, including the part about sueing people to protect their CD-ROM business.

The key for the stock, however, is highly depending on how successful they will be able to get new business. Let's keep the best hope, at least until Jan (earning and Jan effects).

Good luck to all.
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