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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.690

-0.4%

Nov 26 3:50 PM EST

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To: Thomas Frank who wrote (156)	8/14/1997 11:17:00 PM
From: Ron Bower	of 1418

Tom, If you'll go way back on this list you'll find many stupid comments and questions from me. I owned from 14.75 to 21.50 then sold because it had run up before earnings came out and I wanted to buy NTAIF @ 13. I am now trying, hoping to buy back in at or near my former position. I asked Paul if they were selling because they earlier gave no 'intent' before they sold, only that they had sold. Their selling made the great buy opportunity at the 14.75 level. Their Q report said they had stopped selling but not that they wouldn't resume. You're right, it is very good hold for long term and short and I'm hoping there are some that don't realize it. Paul will tell you that it ain't the PE that matters, but the PSR. I like low PEs with my PSR. I have cash, COME ON DOWN DESWELL INDUSTRIES! Ron

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