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: j rector who wrote (711)	5/5/1998 5:58:00 PM
From: Ron Bower	of 1418

j, Noticed that. Also noticed that Namtai needed the sale of Deswell shares with only 30 cent or so operating profit. Big falloff in sales and poor excuses for it. Not much doubt that we're riding the better horses. Be interesting to see which way Namtai goes tommorrow and if Deswell will be effected. If they had reported strong operating earnings, I'd expect both of them to run up. The earnings are above analysts, but it's 40% 'other income'. My guess - some buying on the good news, others selling on the actual earnings. Deswell? I bought at 18.75 on margin and sold at 20.50. Ready for another dip if they'll give me one. Ron

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