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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.695-3.5%Nov 20 3:59 PM EST

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To: Madharry who wrote (760)5/28/1998 11:47:00 AM
From: Michael Burry   of 1418
 
Mystery solved: "at its factories in the People's Republic of China."

The stock has carried a chronically low PE, and it has the "too
good to be true" feel as well, as in "My God, that stock is cheap.
What's the catch? Oh, it's a Chinese company. No wonder - you
can't trust anything over there. I knew it was too good to be
true."

I'm buying more in the 18's.

Mike

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