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Technology Stocks : Deswell Industries (DSWL)

DSWL 3.420

+4.0%

11:36 AM EST

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To: Ron Bower who wrote (1247)	4/12/1999 10:55:00 PM
From: j rector	of 1418

Great minds (not necessarily profitable) think alike. Seems like Kwanasia is in a major area of worldwide overcapacity. I doubt that this will change for the forseeable future. Thus margins are nill--we should expect break even at best. tho as long as its not a major drag on earnings, I don't mind too much. It seems like the capital required to get into jetcrown's buisness is prohibitive in today's asian economy. Yet demand continues to grow. I'd like to see them get a resin supplier, too.

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