Deswell Industries (DSWL) Message Board

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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.390

-0.3%

Nov 7 9:30 AM EST

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To: Bobcat who wrote (1095)	11/4/1998 3:43:00 PM
From: Ron Bower	Read Replies (1) of 1418

Bobcat, I projected 13-15 before the earnings report. I now feel we'll be above that some. Based on historical pricing when Deswell has traded on it's own merits and isn't being driven by outside forces, it would trade in the 25-30 range. There's still some conservatism about Asia and I expect it to trade in the 22-25 range after the earnings. I also expect it to go above 30 and stay there after the end of the year. Traditionally earnings have been reported in the first 10 days of November - sometime next week. NTAIF usually comes out ahead of Deswell but it should be reversed this year as NTAIF isn't reporting until the 16th. JMHO, Ron

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