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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.400-0.3%Nov 6 3:58 PM EST

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To: Madharry who wrote (1114)11/10/1998 12:00:00 PM
From: Bobcat  Read Replies (1) of 1418
 
Let everybody sell this stock off. I want more of it anyway and I would like to pick them up for less money. This company keeps predicting a slower quarter and somehow manages to come out with decent figures. I expect the next two quarters to be down. Perhaps they will earn no more than $.75 for the combined period, but that will bring put them close to $2.00 for the year. Book value now is $11.56 compared to $10.39 this time last year. Cash is moving up at least until they buy in the 500,000 shares.

I do not know what investors are looking for. Looks like if they get past the next two quarters things might improve some and they could be back on a growth pattern. Damn I would hate to see where this stock would be selling if they had reported earnings of $.30 a share this past quarter.
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