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


To: gregor who wrote (3614)11/20/1997 4:21:00 PM
From: Dan Spillane  Read Replies (2) | Respond to of 4335
 
OAKT seems to have closed at its high...also, look at the chart in the longer term -- looks like the stock has bottomed out.

Dan



To: gregor who wrote (3614)11/20/1997 6:25:00 PM
From: Sparky65  Respond to of 4335
 
Gregor, it may have been a trade between makers. However, I am not familiar how the MM's trade between each other. However, the one question I would ask is: Why would MM's be selling stock to each other? If you are a maker, the only reason why I could think that you would be unloading stock is because you are getting out of the MM business on that stock, or, you know something before the market does, and therefore would be inside trading.

Either way, to have a spread like this today shows me that the interest in this stock is very poor.