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Technology Stocks : Oak Technology (OAKT)
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To: Eddie Kim who wrote (4058)6/2/1998 3:43:00 PM
From: papi riqui  Read Replies (1) of 4335
 
A new low on strong volume could mean 2 things. It could indicate either that investors have thrown in the towel and the stock has reached bottom, or that OAKT has broken long term support (at 5 7/16) and investors are bailing out because there is nothing to stop a further drop in price.

We'll soon know the answer. Watch the trading activity near the close and early tomorrow.
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