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


To: PLegee who wrote (3871)1/23/1998 4:00:00 PM
From: Doug Skrypek  Read Replies (1) | Respond to of 4335
 
I would love to know who would be dumb enough to buy OAK's
graphics and audio business. Would price could this piece of crap
possibly bring? Not much...

Oak needs to buy 10 mil shares to even begin to add shareholder value. Assuming they did this and paid $7.00 a share, it would
shrink shrs outstanding to 32 mil and leave them with $62 mil cash.

This is a better plan for shareholders, but who cares about
shareholders.