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

To: Marci L who wrote (3856)	1/22/1998 11:19:00 PM
From: Dan Spillane	Respond to of 4335

I find it a little fishy that they announce a share buyback for the first time...and at the same time they suddenly have great visibility for next quarter ("we'll probably have a loss"). As a corporation, if I were buying back shares I'd love to buy at low prices. Get my point? I wonder if there is any legal recourse if the co. doesn't experience a loss -- i.e., they said that just for the sake of their own buyback, at the expense of shareholders? Speculation, but I don't trust OAKT. Dan

To: Marci L who wrote (3856)	1/22/1998 11:34:00 PM
From: P.M.Freedman	Read Replies (2) \| Respond to of 4335

Marci---Did they mentioned their acquiring one small company last quarter? Have the numbers for that been included in this earning report or will be in next one?