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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.660-1.2%12:19 PM EST

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To: kolo55 who wrote (547)3/5/1998 8:51:00 AM
From: Ron Bower   of 1418
 
Paul,

I don't know if I should give you congratulations or sympathy. Poor guy, made all those profits and they won't let you work. Tell you what, to ease your pain, I'll help you out and trade places with you. I gotta work to pay my D*** taxes!!

We are going to see a very weak market today and I mean VERY WEAK. News is bad everywhere with some ASEAN banks in trouble, Intel projecting a poor 1st Q, and a lot of other bad news.

Don't know how it will effect Deswell, but recent experience indicates it's probably going to be another selloff. One of the things contributing to a weak market is the high interest rates in Hong Kong. What does that do to a company with over $30M?

For what it's worth,
Ron
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