Deswell Industries (DSWL) Message Board

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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.310

-2.6%

9:34 AM EST

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To: kolo55 who wrote (1005)	10/7/1998 3:43:00 PM
From: Ron Bower	Read Replies (1) of 1418

Paul & Chris Paul, Agree. There's a lot happening in this market that has little to do with stock value. I recently was reading an article about the market reaching a point where it would accelerate due to margin covering and hedged positions. Chris, The falling $US is beneficial to Deswell as it causes a fall in the $HK and Rmb (yuan) and makes HK/China companies more competitive against other Asian competition. It does weaken the value of their $US - shall we worry about that now? -G- I posted a link on Mike's Value thread that I found excellent. You all might take a look at it. Great analysis of what got us to this point and of where the problems are. No solutions offered, but... FWIW, Ron

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