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


To: J.S. who wrote (3686)12/1/1997 4:44:00 PM
From: AreWeThereYet  Read Replies (1) | Respond to of 4335
 
J.S.

My assumption is based on the idea that "$7-8 is closed to the bottom". Of course there is still risk involved, this is the nature of options trading!

>> Now if OAKT goes down to 3 then you are in trouble. Any chance of that happening without total economic collapse? <<

Maybe management fraud will but that's out of our control.
I really Don't worry too much if OAKT will have a chance to visit under $5.00 (for the next 6 months period). There are too many stocks which have more problems than OAKT.

aC