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Technology Stocks : Oak Technology (OAKT)
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To: Ken Ridge who wrote (4123)8/4/1998 9:19:00 PM
From: John L.  Read Replies (1) of 4335
 
I am going to try to averagedown @ 2 1/2 tomorrow since it looks like there is nothing to stop this massacre of the market. I hope there is a buyer out there since the business plan that current management is using seems to be causing a lot of hemmoraging. I thought the CD-DVD drive control boards would generate some profits, now I am not sure where profits will come from. All the PC's come with CD or DVD drives so the volume should produce profits unless the competition is underselling them. I thought they won some suits against Asian companies for patent infringment, didn't this help there position? Can somebody help me rationalize increasing my position or am I throwing good money after lost money?
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