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

To: Cymeed who wrote (3749)12/10/1997 8:43:00 PM
From: AreWeThereYet  Read Replies (2) | Respond to of 4335
 
> Actually, I am very serious in buying more OAKT at this time.

This is the most important factor to decide when to hold or sell. Assume you don't own any OAKT, if you think the price is so cheap that you will consider buying then hold on to it (unless you already hold too much shares then consider some partial selling to play safe). I don't think it is wise to sell it now even though I held back my plan to buy more to average down. Remember a while ago when OAKT was around $9.xx range, people said it is under accumulation and I disagreed and turned bearish. NOW I really think OAKT is under moderate accumulation.

Good Luck
aC



To: Cymeed who wrote (3749)12/11/1997 12:14:00 AM
From: Sparky65  Read Replies (1) | Respond to of 4335
 
Cymeed, I totally understand what you are saying. I owned BBY and sold at $29 or so right before it tanked. I wondered what would happen and here we are at $38. Unfortunately, Oakt is in a totally different predictament. I hope they can rebound.


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