Deswell Industries (DSWL) Message Board

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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.690

-0.4%

Nov 26 3:50 PM EST

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To: mod who wrote (497)	2/24/1998 11:34:00 AM
From: Ron Bower	Read Replies (1) of 1418

Dennis, I don't know that much about it, but it appears to me that we have profit taking from those that bought earlier and from MO players that picked it up Friday after the earnings announcement. We now have those that thought it would run higher but buyer demand dried up. It will probably take a week or so for the price to stabilize, likely 20+, but we may see a dip below 20. After the market players get done with it, I would think we'd see investor buying. With the last earnings report, it wouldn't surprise me to see another analyst begin coverage with a Strong Buy. I am also anticipating another IBD or Fool or other article on it. They have written it up in the past and do know about it. The company is also getting big enough for Funds to look at it. I don't really care what it does short term but it is fun to have the Pros find something we found long before them. For what it's worth, Ron

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