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


To: Bonzo who wrote (3783)12/24/1997 12:46:00 AM
From: Sparky65  Read Replies (1) | Respond to of 4335
 
Joe, thanks for the insight. Considering the fact that I thought that $18 was in the realm of possabilities a couple of months ago, $10 should be obtainable. The question is when. I too am holding my shares. Actually, I have been selling (at a loss) my shares from $9 on down. I figure I can DCA back in and drop my cost of ownership from where it was before the decend. Of course, that is assuming I decide I want to keep my money in this stock.

As far as how they will do considering the Asian crisis. I am a bit worried. S. Korea is on the verge of backruptcy and the Japan market continues to struggle. If Oak does go up, I don't think it will happen for 3-6 months.

Hope I am wrong and Happy Holidays.