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

To: xinna Shi who wrote (4109)	7/28/1998 8:40:00 PM
From: Ingenious	Respond to of 4335

what is their "burn" rate at these levels? that money is not just sitting there I assume.

To: xinna Shi who wrote (4109)	7/28/1998 9:19:00 PM
From: Acres H	Respond to of 4335

>Oakt has roughly $160 M if you count their $50M investment in Taiwan's semi. foundry. Thus cash per share is around $3.8. What a buy! Hope other people will realize this and jump in tomorrow.

To: xinna Shi who wrote (4109)	7/29/1998 1:23:00 PM
From: Cymeed	Read Replies (1) \| Respond to of 4335

Re: Cash Value You are right, OAKT is trading below its cash value now. But the problems are, first, burning cash as times goes by like this (somebody already mentioned); secondly, the shareholder law suit is still not settled. They might lose some cash there. If you are a risk taker and believe OAK might succeed in one of their future products, now it's a good buy. But still need a strong stomach just in case no product will succeed and the name of OAK might just disappear like Tseng Lab did recently.