Deswell Industries (DSWL) Message Board

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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.700

+0.1%

1:48 PM EST

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To: Ron Bower who wrote (221)	11/10/1997 12:14:00 AM
From: David Seltzer	Read Replies (2) of 1418

Ron-Here is some additional information from IBD dated 2/7/97.The article was devoted to Deswell(you probably have this information). 1.Mita Industries Ltd.,Nam Tai and Inter-Tel(US company) supply half of Deswell's revenue.Try calling Mita and InterTel to gather some information.James Riedl is the Director of Factored Product Development at phone maker Inter-Tel.Deswell anticipated doing up to half a million in business with Mita(Japanese company). 2.At the time the article was written Deswell was one of three firms in China with a 1,600 ton plastic injection machine.Has this situation changed? After you get more information about items #1 and #2 you will be able to make a more informed decision about the stock.Also,I would keep an eye on the Hong Kong and Japanese stock markets(unless this is a long-term investment) because they will have an effect on stocks such as Deswell. I hope this helps out. I am disappointed in Elamf,neutral on Dswlf and disgusted with Ntaif. I think that Ntaif's mgt lacks financial acumen. David

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