Oak Technology (OAKT) Message Board

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Technology Stocks : Oak Technology (OAKT)

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To: P.M.Freedman who wrote (3968)	3/21/1998 5:53:00 PM
From: AreWeThereYet	Read Replies (1) of 4335

>> This coming quarter of OAKT may be used to write off additional inventories. The date to release the earnings may be on Apr.24. << Do you have the source of the information or it is just a wild guess? I anticipate there are more price pressure on the ASP but not inventory problem for OAKT. Book value has nothing to do with stock price but any stock shouldn't trade much below its book value (unless the majority of the book$ is from the good will). In this case I don't see any big downside risk for OAKT. We may see $5.x again though but who know how long it will still in $6 range?????? aC

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