Oak Technology (OAKT) Message Board

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Technology Stocks : Oak Technology (OAKT)

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To: AreWeThereYet who wrote (4218)	12/14/1998 10:52:00 AM
From: Peter Smith	of 4335

Andy, I saw the rejection article too. I'm impressed with the wording "by an order of magnitude" whatever that means. Guess they can't put a real dollar amount down since someone would sue if they didn't reach it. Its nice to see such a strong statement rejecting the offer. I would think that we will soon see another news release in regard as to what Tsang's position will be; whether to raise his offer, quit the co, or "rejoin". The proposal must have been supporting the price as its now down some, but I'd guess that its only temporary. They have had several good positive news articles out recently, and I'd expect to soon see the price resume its climb upward. Time will tell.

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