Deswell Industries (DSWL) Message Board

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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.660

-1.2%

12:19 PM EST

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To: Ron Bower who wrote (508)	2/26/1998 12:17:00 AM
From: Richard Barron	Read Replies (4) of 1418

Ron, My thoughts were: about 5.4 million shares out. Insiders hold a significant %( I don't remember how many, but I thought it was near 40-50%). So a swing of 600,000 - 900,000 shares should run through the supply. Last January the volume was averaging 150-200,000 shares when it broke out the 2 times. So... if volume stays above 50,000 shares for another week or two, and new buyers will have to pay the price. Anyday now some incredibly smart analyst will discover this gem and add 50,000 shares from his/her followers to the buy side. I imagine someone like Red Chip review would be interested. Richard

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