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: Robert Goosmann who wrote (3641)	11/24/1997 4:28:00 PM
From: AreWeThereYet	Read Replies (1) \| Respond to of 4335

Robert. More than 1.5M late trade at 7.5/shr. I have no idea what is happening. Any annoucement? Thanks aC

To: Robert Goosmann who wrote (3641)	11/24/1997 4:33:00 PM
From: virgil vancleave	Read Replies (2) \| Respond to of 4335

oakt hit its yearly low today. glad i don't own this one. but why is it valued so low? it has cash and what appears to be good sales and earnings numbers. maybe it is investors and funds just giving up hope as continues to go down. it is very doubtful that the company is going broke for a while and ii nothing else is either a buyout candidate or will be bought itself. looks like an attractive speculative trade here to me. but i think we may see another dollar or so and then i may be in. we are in a tech bear market from what i can see. the price to sales ratio adjusting for cash and debt is nearing the steal level, but as i said i feel there is still a little downside here. good luck.