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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.290-4.2%Nov 4 3:59 PM EST
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To: Count de Monie who wrote (1286)6/1/1999 11:21:00 PM
From: Michael Burry  Read Replies (1) of 1418
 
I haven't thrown in the towel myself because I still don't see a cheaper stock out there. Most cyclicals show N/A PEs or PEs of 400 at the trough. Deswell is still sitting around 10. So I can earn 10-20% on my money in the worst of times and 30%+% in the best of times? And I'll have at least 5% coming back at me while I wait? Still a no- brainer.

Mike
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