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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.714+0.4%Nov 21 9:30 AM EST
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To: Brooks Jackson who wrote (752)5/27/1998 3:29:00 PM
From: kolo55  Read Replies (1) of 1418
 
Fairly large sequential drop in revenues.

From $19.0M to $14.5M, a 24% decline in sequential revenues, versus only a 5% sequential drop for Deswell's weakest Q last year. But earnings held up fairly well. I was hoping for better though.

So far, it doesn't seem to have impacted the stock price. Maybe the new customers, new equipment installations, good forward looking info and low PE are holding the stock up.

Paul
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