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Technology Stocks : Oak Technology (OAKT)

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To: Doug Skrypek who wrote (3905)2/2/1998 11:55:00 AM
From: AreWeThereYet  Read Replies (1) of 4335
 
Doug,

I don't think I was overly optimistic in past 2 months. I did pointed out a # of negative things including my last post!

>> The bottom line is that the management of this company sucks <<

Its management is so-so, they have vision but don't know how to market its products. It no longer has the monopoly situation which they once had with their ATAPI CD-ROM controller so they need to jump out and "sell" their product agressively. So far the result is disappointing.

>> they have destroyed shareholder value. <<

Agree 99.5%.

Anyway, the fact is that OAKT is in historic low and I don't see any reason why it will go much lower but I also don't see any reason why it will go back to 10s in next 3 months (maybe a $7 to $8 if lucky).

aC
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