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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.410

+3.6%

Nov 5 3:58 PM EST

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To: Ron Bower who wrote (1146)	1/9/1999 9:01:00 PM
From: j rector	Read Replies (3) of 1418

Ron, How do you view earnings for 1Q and 2Q? As I understand it, sales to Mita will be about 50% off in 1Q, and, hopefully less than 20% by 2Q. Sales to NTAIF will be off about 20%. Increases in sales to VTECH should offset NTAIF. Behringer should also be up a little. Any new clients? Margins should actually improve (decreased resin costs) and decreased G&A. Am I close?

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