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

To: AreWeThereYet who wrote (3751)	12/10/1997 8:48:00 PM
From: Cymeed	Respond to of 4335

>>NOW I really think OAKT is under moderate accumulation<<. I agree, Andy. But I bet it's the influence by Barron's, people hoping for a January effect, or bargain hunting after depressed tax-selling. Whatever, it's good for us, at least for now. The really good news will be a surprise in the growth of new business, can we have those in January ? I mean the possibility or probability to have a surprise.

To: AreWeThereYet who wrote (3751)	12/12/1997 4:47:00 PM
From: Jim Goodman	Respond to of 4335

FTIW: I just dipped my "PSYCLE sm" toe into the water today, buying some OAKT at 7 7/16, before the close....I didn't like seeing the 7 5/16 print thereafter, but, after the first hour or two Tuesday, many depr. Techs should have S.T. bottoms....remember, I previously had given out OAKT, from 8+, to 14+, around this very same time of year, last year, using my "PSYCLE sm", for at least a tax-selling bounce this time, again, with a very close stop this time...one key, is to be sharp/brave enough to ignore the doomers, at these levels, with OAKT's chart pattern....another is having a close stop, regardless... best wishes to all....also buying ISSI, and QSII, similar patterns....remember, I do NOT employ "fundamentals, stories, news, etc." much, only price patterns, sentiment readings, industry group rotation, and stops when wrong....we shall see....