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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.480-0.9%Nov 14 3:59 PM EST

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To: kolo55 who wrote (797)6/9/1998 4:27:00 PM
From: Ron Bower  Read Replies (1) of 1418
 
Paul,

Thanks for your opinion. Feel out on a limb when I make a projection. The last report surprised me, but I don't feel that it reflects any weakness in Deswell going forward.

Tommorrow is last buy day to collect dividend, ex dividend Thursday. I am surprised the price hasn't improved. IMO $16.50 is very cheap, but it may reach that ex-dividend. Suits me as I'm planning to reinvest dividends back into more Deswell in addition to some new cash.

I don't like hype and feel that's what we've been reduced to with the market action. There's very little analysis we can do until we get the 20-F. As I haven't received the 6-K for 3rd Q yet, may be end of August for the 20-F.

Noticed a Strong Buy on FLEXF. Took them long enough to figure out what you've been saying all along. If an analyst were to initiate coverage on Deswell, I'm sure it would be the same recommendation.

FWIW,
Ron

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