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Technology Stocks : Oak Technology (OAKT)

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To: Rishi Gupta who wrote (4184)11/5/1998 12:16:00 AM
From: Daniel Shaffer   of 4335
 
NEWS ON SHAREHOLDER LAWSUIT??

I've been away from this thread for a few months--not that much has changed. Has anyone heard any news on the shareholder lawsuit filed
over a year ago against OAKT (it claimed execs. hyped the stock and
sold high just before inventory problems became public and the stock
dropped like a rock).

My experience with Sierra Semi some years ago was that the stock
price recovered smartly as soon as the shareholder suit was settled.
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