Deswell Industries (DSWL) Message Board

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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.714

+0.4%

Nov 21 9:30 AM EST

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To: kolo55 who wrote (205)	10/31/1997 9:12:00 AM
From: Ron Bower	Read Replies (1) of 1418

Paul, Another point. I watched the market closely yesterday and think you made some good buys. Warrants opened with a sell down of 14,000 shares in first hour, then had no one willing to sell below 7.00 the rest of the day. Stock fell the 1.375 and met resistance. With allowance for profit taking from earlier buyers below this, the price is now showing some strength. I had a GTC Limit sell @ 7.875 on the warrants I bought below 5.5 and took it off. Right now, 9.875 looks more right with the HSI stabilizing. This whole mess may be beneficial in the long run because there's more interest in China related stocks. Just MO, Ron

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