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

To: AreWeThereYet who wrote (3665)	11/26/1997 11:18:00 AM
From: WTSherman	Read Replies (1) \| Respond to of 4335

Pixel Magic's value to OAKT is really only going to be seen in 98-99. The stuff they are working on is obviously being refoced on the color output market, which is in the process of exploding. They have a chance to be a key player in the years to come. Don't write off OAKTs investment in PMI, just yet.

To: AreWeThereYet who wrote (3665)	11/26/1997 5:54:00 PM
From: J.S.	Read Replies (1) \| Respond to of 4335

Ac, If 7 or 8 is close to bottom, what about writing puts at 7.5? If the tock is eventually put to you at that price, hopefully after you have collected several nice premiums, you can start writing covered calls at 7.5, or, hopefully, at 10.* What is the catch? I don't see one except that to the extent that the market or the financial system as a whole could have a big meltdown putting OAKT below book or even below cash. In that case, even money markets will not be safe. Good Luck, Joe * now premiums at 7.5 for several months out are close to $1.