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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.420

+4.0%

11:36 AM EST

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To: j rector who wrote (1219)	2/16/1999 2:06:00 PM
From: Ron Bower	Read Replies (2) of 1418

j, Incentives for exporters and for foreign investment, but I haven't read about any for foreign acquisitions unless they would be considered investment. China still trying to bring in the outside money. I've come to the same conclusions on K,K, & Jetcrown. Can Jetcrown carry the load? It was able to when K&K started growth. IMO We're in a n adjustment period, having to adapt to the new climate. No longer getting long lead times on large orders. Having to get molds out and into production quickly on smaller orders. If they can do it, should be able to expand customer list. IMO - No earnings warning because they felt they had already warned of Mita and the problems with Kwanasia. I feel we'll see full dividend, perhaps 5% improvement from 1998, but probably won't be receiving the Special. My guess is .55 on top of the .33 mid year = .88. Less than $3M. JMHO, Ron

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