Deswell Industries (DSWL) Message Board

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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.700

-0.7%

2:54 PM EST

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To: j rector who wrote (606)	4/2/1998 11:11:00 PM
From: Ron Bower	Read Replies (1) of 1418

j, I presume you've seen the NTAIF situation. To think that Namtai and Deswell are so often referred to as similar companies. Deswell files a 144 and at the same time puts out a PR to let us know that all is well. The facilities expansion wasn't that big a deal for them to make a special PR for it. Obviously designed to offset the filing. They make arrangements for an MM to sell the shares. Of course, the MM had no problem getting the funds to pick up the shares at the going market price. The funds have likely been trying to buy without driving the price up and welcomed the chance. It kept us from having a shot at buying more at a discount, but that's the job of the MM - to get value for the buyer and the seller. The end result was no panic and no one getting upset about the 144 filing. Namtai - NOT!! Ron What's really weird is that Namtai has a higher Zack's rating.

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