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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.5000.0%Nov 12 3:59 PM EST
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To: j rector who wrote (351)12/29/1997 8:29:00 PM
From: P. Ramamoorthy  Read Replies (1) of 1418
 
if DSWLF is manufacturing for the local market, devaluation or no devaluation, how it does it matter? Devaluation will affect their balance of trade. But they can also stop cheap imports. Check out CIND. Three years ago it sounded good - diversified geographically (South Africa, Australia, India, China, USA, etc.), business-wise (wool, pharmaceutical, etc.). The stock did not do well for sometime. It was hard to figure the mgmt. Ram
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