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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.726+0.3%Nov 24 3:39 PM EST

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To: j rector who wrote (193)10/27/1997 8:41:00 PM
From: Ron Bower  Read Replies (2) of 1418
 
j,

Your guess is as good as mine on what's going to happen. I added because I feel it's undervalued. If it was worth buying at 22, then it's a real buy at 19. I bought warrants at 7.5 and can't resist more at 6.00. I may take a beating short term, but it may have already bottomed. I'm content at the price because I want this stock long term. With a PE of 9.5 and 35-40% growth, even stronger if the currencies weaken, I feel it's one of the best buys on the market.

Earnings 11-5. If market starts recovery by then, should move strong after the earnings report.

For what it's worth,
Ron
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