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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.440-0.3%Jan 16 9:30 AM EST

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To: Ron Bower who wrote (569)3/20/1998 1:05:00 AM
From: Michael Burry  Read Replies (1) of 1418
 
Am I missing something? 3 insiders file to sell
an insignificant amount of their holdings (maybe
they want to buy up some cheap real estate with
their US dollars), they announce 200,000 SF of
production capacity that will necessarily
be on-line in just six months, they have continued
to build cash and be hugely profitable in the
face of the crisis, there is nice dividend protection,
and the stock is just sitting there.

Ron, why'd you sell at 21? I'm holding on for fear
of missing the day or month someone big realizes what's
going on here. There is no opportunity like this in
the States. If I were only slightly less rational,
I'd be putting half my portfolio in the stock rather
than capping it at 12.5%.

Mike
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