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Technology Stocks : Oak Technology (OAKT)
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To: xinna Shi who wrote (4109)7/29/1998 1:23:00 PM
From: Cymeed  Read Replies (1) of 4335
 
Re: Cash Value

You are right, OAKT is trading below its cash value now. But the problems are, first, burning cash as times goes by like this (somebody already mentioned); secondly, the shareholder law suit is still not settled. They might lose some cash there. If you are a risk taker and believe OAK might succeed in one of their future products, now it's a good buy. But still need a strong stomach just in case no product will succeed and the name of OAK might just disappear like Tseng Lab did recently.
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