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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.410+3.6%Nov 5 3:58 PM EST

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To: Michael Burry who wrote (1203)2/15/1999 11:12:00 PM
From: Shane M   of 1418
 
Mike,

I understand where you're coming from. But I think most of us had higher expectations, I was shocked at the poor numbers, and was suprised to find it holding up at around $9. I expected to see something like this last quarter, and when it didn't show last quarter I felt the greater danger had passed.

Still holding DSWLF because I think it's worth alot more, but I used to think it was worth about $28. That estimate is now lower given the danger of sales evaporation.

Shane
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