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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.435+0.4%Nov 3 2:50 PM EST

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To: Zach E. who wrote (1357)2/24/2000 2:19:00 PM
From: Ron Bower  Read Replies (1) of 1418
 
The 3rd Q has traditionally been better than the 2nd. Based on this, the added sales to Epson, and other information I'd received, I felt strongly that my estimate of .71 was accurate if not low. The .54 comes as a surprise.

This release prompts questions instead of providing answers. I will try to talk with Mr. Lau before I make any other comments.

Disclosure - When the release came out, I sold 50% of my shares @$17.00 anticipating a drop in price. A market play, not a lack of confidence. I also placed a limit buy order.

FWIW
Ron
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