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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 (801)	6/20/1998 5:42:00 PM
From: David Seltzer	Read Replies (1) of 1418

Ron, It would not surprise me to see unit prices decline by 15-20% this quarter(Ntaif announced in their last CC that unit prices would decline by 15-20%).In addition,demand is probably weakening.Also,the situation in Asia may take another year to stabilize. My worst case scenario is an 1998 eps of $2.00(just opinion). I will hold for the long term. David

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