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Technology Stocks : Oak Technology (OAKT)

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To: John McKinney who wrote (4214)12/1/1998 12:16:00 PM
From: Daniel Shaffer  Read Replies (2) of 4335
 
I don't think the company is running scared. David Tsang and his takeover co-investors know that they have good products, valuable assets --especially IP -- and competitive new products in the pipeline.
Otherwise, Tsang and Co. would never make this offer. IMHO this is a baldfaced maneuver to buy cheap, show a "turnaround", go public again, and then make another insiders' killing by selling at the top.

I encourage all stockholders that have concerns along these lines to contact the Special Committee and flood them with complaints. Does anyone have phone numbers, addresses, e-mail addresses, etc. for the Special Committee or its members? This is important!

PS: I take it nobody has any information on the earlier lawsuit?
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