Oak Technology (OAKT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Oak Technology (OAKT)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: put2rich who wrote (4095)	7/25/1998 9:49:00 PM
From: Lindsey R. Spencer	Read Replies (1) of 4335

Market has wrote off the whole business except the cash in the bank. (Now the market can adjust its value as the cash goes down.) Can you believe there is a whole company out there valued at nothing by the stock Market!!! They still have 10 Asian customers and as far as I know they are still buying the CD-rom. No immediate plans (not even thinkable at this point) at going backrupt, no debt, clean balance sheet. They are refocusing on the DVD and they have a shot at selling their plan to current customers. Sure the Stock Market is bad right now, sure CD-rom is under redesign to CD-DVD, but this stock has been labeled DEAD on ARRIVAL by the Market. This is not true. The stock price may go to $2.50 but expect it to fluctuate back up near $4 soon in a trading range.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next