Deswell Industries (DSWL) Message Board

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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.390

-0.3%

Nov 7 9:30 AM EST

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To: jmt who wrote (925)	8/27/1998 4:57:00 PM
From: Ron Bower	Read Replies (1) of 1418

jmt, Mr. Lau has given the impression that he isn't being contacted by any analysts. Barrington handled the AEHCF IPO and there's a lawsuit filed against the company and I think Barrington. It's a pity that good companies go down because of bad, but I was happy to add 10% to position today @11.125 (then saw it go to 10.75). Be interesting to see what tomorrow brings. Wiring cash to Schwab in the morning to cover today's buys and a little extra just in case tomorrow is more of the same. Another interesting item - The speculators' attacks on the $HK and HSI have caused Hong Kong banks to boost rates into the 15-20% range. As I understand it, deposit interest goes up with the interbank rate. Deswell should be seeing some nice interest income to add to earnings. FWIW Ron

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