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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.480-0.9%Nov 14 9:30 AM EST

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To: Ron Bower who wrote (798)6/9/1998 6:23:00 PM
From: David Seltzer  Read Replies (2) of 1418
 
Ron,
I want to stay away from predictions about the stock price.However,let me make a few points:
1.The company is selling at less than 6 times the cash flow from operations.
2.Inventories are up about 20% over the comparable quarter.I regard this as a positive indication since Deswell's management knows the business so well(a sign that Q1 sales will exceed those of Q4).
3.Lau has stated "the company continues to generate higher volume demand from its customers this year ...".
4.I have a Vtech phone(Tropez model) and I am pleased with it.I bought it on the recommendation of a satisfied user.

David
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