Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Oak Technology (OAKT) -- Ignore unavailable to you. Want to Upgrade?

To: Sparky65 who wrote (3512)	11/7/1997 5:59:00 PM
From: Acres H	Read Replies (1) \| Respond to of 4335

I know you bought OAKT again. It is really a nice way to make money with OAKT. I guess this time you are expecting OAKT to go to around $9.5 to make some money. Good luck!

To: Sparky65 who wrote (3512)	11/7/1997 6:29:00 PM
From: Bonzo	Read Replies (1) \| Respond to of 4335

You are correct Sir! Based on Q1's earnings report, OAKT had $146.789M in cash and 42.569M shares out = $3.45/share in cash. 40% of each share is backed by cash! Name me one other technology stock with that kind of ratio. I know it doesn't mean beans if its not reflected in the share price. In fact OAKT might as well be selling beans or some other commodity the way the street has valued the stock. CUBE, ESST, ZRAN, etc., are all trading at much higher multiples even though thier stocks have been hit hard lately also.