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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.310-2.6%9:34 AM EST

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To: j rector who wrote (1010)10/8/1998 2:11:00 PM
From: Ron Bower  Read Replies (1) of 1418
 
j,

It may not have occurred to them. As you know, Deswell management pays very little attention to the stock price (unlike US management) and is only concerned with the company activities. I prefer that to the stock manipulation we've seen from some other companies.

I have been against a buyback when proposed at higher levels, but feel they should consider it below $12.00 as they would be buying stock for less than asset value (not BV). $2-3M wouldn't hurt the balance sheet and would do a lot to support the price. It would also boost the dividend distribution and BV making their options worth more. Good for investors and Insiders.

FWIW,
Ron
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