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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 (1278)6/1/1999 10:38:00 PM
From: Count de Monie  Read Replies (2) of 1418
 
Hey Ron,

It's been a long time since I've said anything. I see your still busy with this stock. After 2 years of waiting for something to happen to DSWL, I bailed out last week on an uptick. The current quarter 19 cents earnings and predictions of a slow recovery for 2 more quarters seems to confirm my view of DSWL. DSWL will be staying in this 12 to 9 range for another year. I remember when DSWL was earning more than $2.50 a year and yet it price was around $19. I believe Chinese stocks are given a lower valuation. Ron, there comes a time when you have to throw in the towel, I have done it plenty of times. I hope your actively researching others stocks and draw a line on when DSWL will perform. There are plenty of stocks out there, for example NMGC, Its a more interesting story than DSWL, I don't own it yet but am getting money for it. Whatever you decide to do, good luck to you.

Count de Monie

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