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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.630-1.6%12:53 PM EST

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To: Jeff who wrote (166)9/29/1997 1:08:00 PM
From: Ron Bower   of 1418
 
Jeff,

I expect the HK drop will effect DSWLF short term, but it doesn't change the value of the company. This is a big opportunity to buy IMO. I just wish I had held off a few days, but then it looked like it was headed up and I didn't want to chase it.

Been reviewing my notes on DSWLF. In May, Kwanta moved in expanded facilities, Kwanasia moved into expanded facility with two new SMT machines, and Jetcrown moved into the new facility with the new $8.5M plastic mold machines. This has expanded the capacity of all divisions but did not have a major effect on last Q revs and earnings.

From last Q report- "the Company has continued generating higher volume demands from it's customers".

The more I review, the better I feel.

Ron
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