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


To: Daniel Simon who wrote (4176)10/31/1998 7:08:00 AM
From: Lindsey R. Spencer  Read Replies (2) | Respond to of 4335
 
Daniel, they are surely not thinking about shareholders like you. This stock is a torture-stock for investors. It is a stock that could easily (if they get their shit together) trade for 8. But this SOB went to just above 1.50 recently (even with cash in the bank to cover $3. a share). Go figure. It gaps up on the chart and gaps down. Noone really knows for sure what is in the bag at this time. Many, Many, Many investors have gotten burned by this SOB, including me, but I finally got all my money back on the spike to $5. (I sold just out of fear and mistrust of this thing and I was right, finally!). I got interested in OAKT when it was $8 (big mistake!) I kept thinking - it can't go much lower with book/6,cash/3. Wrong!