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


To: Sparky65 who wrote (3648)11/24/1997 4:58:00 PM
From: Dan Spillane  Respond to of 4335
 
Sparky, the NASDAQ dropped around 20% earlier this year (Jan-April) based on "imagined inflation." More recently, many tech stocks have fallen 20-40% based on "Asian flu" without any direct data suggesting problems.

Dan

**

As for the volume late in the day. The bad news is the stock is down. The good news is that someone wanted to buy. And, to see the stock sell at $7.5 with that kind of volume would dictate to me that we are almost to the bottom. I do think we can test $7 again.