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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.420+4.6%Oct 31 3:59 PM EST

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To: Ron Bower who wrote (1369)3/3/2000 11:18:00 AM
From: Ron Bower  Read Replies (1) of 1418
 
After rereading my posts, I realize that I may have given a wrong impression of Deswell's current status.

It's a period of positive transition, a result of too much business coming too fast. Deswell's management expects good revenue and earnings growth from all divisions going forward. It's a matter of expanding to meet the sudden surge in demand. The recovery in Asia has been much faster than anyone expected.

Jetcrown is operating above prior years and will continue growth. When they get new facilities operating, the growth will be very high. Instead of hurting earnings, Kwanta will be adding to earnings soon and increasing as the year goes along. They expect the investment in Kwanasia to start showing returns within six months.

FWIW,
Ron
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