Deswell Industries (DSWL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Deswell Industries (DSWL)

DSWL 3.420

+4.0%

11:36 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Burry who wrote (1222)	2/25/1999 3:52:00 PM
From: Ron Bower	Read Replies (1) of 1418

South China Morning Post Internet Edition Thursday February 25 1999 Investors turn bullish on V-Tech STEWART OLDFIELD Shares in consumer electronics maker V-Tech Holdings rose 6.85 per cent yesterday on healthy turnover as investors judged concerns about deteriorating earnings for the company this year were overdone. V-Tech finished yesterday at $24.15 compared with a low of $21.90 on Monday. The Monday low was 38.13 per cent down from a January 6 high of $35.40. Strong buying was seen through Salomon Smith Barney and Merrill Lynch, suggesting United States funds were increasing stakes in the firm. Turnover has been growing since last Friday. One brokerage yesterday upgraded the stock, saying it had fallen victim to past over-optimistic market expectations. "The dramatic reversal in its share price performance appears to be overdone," it said. V-Tech finance managing director William Ho Mook-lam said Lucent, a leading customer, was still placing orders, despite the break-up of its joint venture with electronics giant Philips.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next