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Technology Stocks : Oak Technology (OAKT)
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To: Steve H. who wrote (3994)4/9/1998 11:31:00 AM
From: Eddie Kim  Read Replies (1) of 4335
 
Steve,

I hope you didn't buy OAKT when it was in the 20's. Anyways, if OAKT dips below the 6 dollar mark I would consider buying more especially if you can get anywhere below 5 3/4. This stock has rock hard support at these levels and given that it has a book value of 5.81 doesn't hurt either. I couldn't really tell you what OAKt's problems are, but as a value play this stock is as good as it gets.

Buy below 6 and sell in the high's 6's.

-Eddie
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