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: peter michaelson who wrote (944)	8/28/1998 4:31:00 PM
From: Ron Bower	Read Replies (1) of 1418

Peter, Let's see. You just sold a stock at 11.50. That's less than 5x PE. Less than 1.5x BV. About 2X working capital. Growth last two Qs of 15 and 18%. A dividend return of 8.7%. I sure would like to know what you are going to do with the money -g-. I've been adding most of the day. Had a series of limit orders on and got 4 of 5 filled (9.25 ws too low). With yesterday, averaged out at 9.81. I am very happy. My position before I started buying was 9.84 and I'm up 33% at same level. Didn't think this would ever happen. Now - patience required. Been an interesting couple of days. Had major paper losses and feel good about it - strange feeling. -G- Ron

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