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


To: Acres H who wrote (4087)7/17/1998 7:44:00 PM
From: Ken Ridge  Read Replies (1) | Respond to of 4335
 
OAKT was all over the board today, trading from 3 3/8 to 3 15/16.
The upward move may have flushed out a few of those looking for an exit point, and in this sense, the close at 3 15/32 could be viewed as encouraging.

It seems the street has already factored very bad news into the price, and I doubt if we'll see 2 1/2 anytime soon.

The heavy volume late in the day indicates that today's low of 3 3/8 met with heavy resistance. (Note: incorrect prices shown in table):

quote.yahoo.com