Deswell Industries (DSWL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Deswell Industries (DSWL)

DSWL 3.390

-0.3%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ron Bower who wrote (883)	8/10/1998 5:12:00 PM
From: kolo55	Read Replies (1) of 1418

Where did you get the full announcement? I only found the S&P summary so far. I like the numbers so far. Revenues are up to $15.4M from $14.5M last quarter, a 6% sequential rise. This is great considering the Asian flu. The EPS is good too. Looking at the way the stock was trading down going into this report, I was a bit nervous, but this is a good report. I wonder how much of the selling was due to Mita's announcement? Do you know how much of Deswell's business Mita represents? The Mita release says its a reorganizational bankruptcy, and the company should continue to operate. Also, it appears to be their domestic units, but I don't know what that means. I expect there is a possibility that Deswell will have to re-classify some of their receivables to non-performing status, if Deswell is carrying some Mita receivables (likely). Still the way the stock has sold off from 20 to 12-13 over the last three months, it seems the market was expecting worse news than this. For Deswell to keep growing in this environment, shows just how strong this company is. Paul

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next