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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.500+0.7%Nov 11 3:59 PM EST
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To: Count de Monie who wrote (350)12/29/1997 4:38:00 PM
From: j rector  Read Replies (2) of 1418
 
I don't know what the costs of DSWLF's Chinese labor is,
but I would doubt that it is more than 10% of its total costs.
If China doesnt devalue its currency, DSWLF's costs may rise
up to 5% as compared to other manufacturers, but probably less.
I think there is also a good chance that China will devalue its currency
in the next 2-3 years.
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