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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.714

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Nov 21 9:30 AM EST

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To: David Leith who wrote (583)	3/23/1998 3:27:00 PM
From: Ron Bower	Read Replies (1) of 1418

David, You didn't understand my logic because it was flawed. The sales from Jetcrown and Kwanta to Kwanasia would be washed out in the consolidated statement. As to the margins on the assembly work, I don't believe we have yet seen the full impact of the assembly work on margins but I might be wrong. In an earlier report they stated that the assembly would negatively impact margins. Ron

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