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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.630-0.8%Nov 28 12:53 PM EST

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To: kolo55 who wrote (453)2/16/1998 1:46:00 PM
From: Ron Bower  Read Replies (1) of 1418
 
Paul,

I've missed you posting on the thread. Seeing anything posted that should be corrected?

HangSeng came back after you posted. I feel it should show some strength with the IMF report of yesterday praising their actions to keep HongKong economy stable. Hong Kong will have high interest rates to support currency and it could cause earnings problems for some companies based there (particularly the property cos.), but I don't see Deswell having problems with their strong (now stronger) cash position. IMO, we could be looking at $30M liquidity in this report.

For what it's worth,
Ron
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