Deswell Industries (DSWL) Message Board

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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.630

-0.8%

Nov 28 9:30 AM EST

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To: j rector who wrote (455)	2/18/1998 2:37:00 PM
From: Ron Bower	Read Replies (1) of 1418

j, In this market I haven't a clue as to what Deswell might do. Investors only seem to be interested in the large caps and in names they recognize. The DOW is selling at over 20PE, the NASDAQ near 20 and one would think that investors would have to look at the broader market. We still have the Asian Panic and there has to be profit taking. At 17 it's selling $2.00 above high volume sales at 15.00. This is the most frustrating thing about value investing: waiting for other investors to find out what you already know. But - if they all knew about the good buys, there wouldn't be any. -g- We need another IBD article. LOL, Ron

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