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Technology Stocks : Oak Technology (OAKT)

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To: AreWeThereYet who wrote (4250)	4/29/1999 8:36:00 AM
From: lindend	Read Replies (1) of 4335

Andy, Good point, I should have said leadership has changed before..see announces below. oaktech.com oaktech.com But you're right, technically, the CEO position had always been Tsang's during this time frame. IMHO, this is just shuffling cards in a deck. Nothing has changed in the past, and I don't have any confidence that this latest rearrangement will make a difference either. For instance, did anyone else notice that Black is still Vice-chairman of the board? Didn't OAKT's market share in optical storage absolutely plunge under his stellar leadership? Weren't critical engineers jettisoned under his watch? Make no mistake, the powers that be still are running the show... From the press release: Sohn and Tsang will jointly represent an Office of the Executive and work together on strategic technology initiatives and business direction for Oak. Both Rick Black and I extend our full support to Young as he prepares to assume his new role at Oak," continued Tsang.

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