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Technology Stocks : Oak Technology (OAKT)

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To: John Parillo who wrote (4230)12/26/1998 8:17:00 PM
From: AreWeThereYet  Read Replies (1) of 4335
 
>> Anything positive with this stock? <<

Sure! The company worth significantly more than the stock price, especially if it realize the fab investment. The two HP design wins also a good sign. There are a few problems though:

1) CEO
2) CD-ROM
3) A very bad quarter earning release coming soon.

There is also a rumor floating in Yahoo thread saying that OAKT will be delisted but I have no idea how can this happen for a company with more than 100m cash and more than $5.00/shr book value, no debt. Unless OAKT was cooking the book or it failed to file financial information to SEC. I don't buy the rumor, OAKT has an established business since its IPO.

aC
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