Deswell Industries (DSWL) Message Board

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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.726

+0.3%

Nov 24 3:39 PM EST

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To: Thomas Frank who wrote (198)	10/28/1997 9:27:00 PM
From: Ron Bower	of 1418

Tom, Not a t/a. I had the warrants at 7.5 and the stock at 22 and was taking a real bath on both. The rest of my stocks were down a little but no major amounts. I decided to sell all of these off yesterday and buy more warrants at 6.00 using half my cash. I was up at 4:00 this morning to see what happened with the other markets. Obviously, the open would be down. I logged onto e.schwab at 9:15-20 and stayed on. Sure enough, the warrants took a dive. I watched the tick go to -780 then start coming back up. When it reached -500 or so I bought, bought again when it got to -200, and again when it went positive. By then I was pretty sure we were headed up. Doubled position yesterday at 6.00, doubled again today at average of about 5-1/8. It was scary until it went positive. I don't take risks like this, but I got tired of watching it go so far under value and not do anything. Hail Mary - TD -g- Now I need a good earnings report. ELAMF just crashed theirs. Ron

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