Electronic Contract Manufacture (ECM) Sector Message Board

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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector

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To: Rob Preuss who wrote (1250)	2/20/1998 12:38:00 PM
From: kolo55	Read Replies (2) of 2542

Deswell Industries(DSWLF) reports 78 cents per share for the December Q. This is significantly higher than the guys on the Deswell thread were expecting for this Chinese micro-cap maker of boards, plastics, and some assembly. Hard to see the impact of the Asian crisis in these numbers. The company will earn $2.50-2.60 for their fiscal year ending March 31 and the stock is trading at 18 3/4 today (up 1 3/4). Also SMOD apparently had some poor forward looking statements in their conference call last night, and has sold off over 5 bucks this morning. SMOD expects poorer results in the current Q due to some "glitches" in their new products. Paul

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