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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: Madharry who wrote (260)11/20/1997 10:46:00 AM
From: Ron Bower  Read Replies (2) of 1418
 
Armin,

Don't have a current amount in my file, but the actual numbers are available at:

insidertrader.com

As near as I can tell, they have exercised options and sold off a portion ($2M into company last Q for options exercised). Some taking of profits. Justifiable in that salaries are low and their primary sources of income are the options and dividends.

Additional comment to my prior posts - cash generated last 6 months from operations was $9.889M on $32.667 revs = 30%. This is $1.83/share in 6 months. Will likely be $4.00 or more for 4Q. They are taking high depreciation and amortization on equipment. IMO -These are the numbers we should look at instead of the bottom line earnings.

They've added another machine this past Q and the raw material inventory indicates a high backlog.

For what it's worth,
Ron

Ron

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