Deswell Industries (DSWL) Message Board

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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.410

+3.6%

3:58 PM EST

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To: TwoBear who wrote (1240)	4/7/1999 8:39:00 AM
From: Ron Bower	Read Replies (1) of 1418

2, Not many weeks ago the Hang Seng was at 6,500 - It closed this morning at 11,615. Zhu Rongi arrived in the US yesterday for trade and WTO discussions. Deswell is selling at a PE of 4, paying over a 10% dividend, and under BV. This leads me to the conclusion that I haven't the faintest idea what the price will be doing. Ron PS- There doesn't seem pressure on the buy or sell side. A 10K order either way would likely cause a large movement. I'm positioned for movement up against resistance.

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