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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)6/2/1999 12:18:00 AM
From: Ron Bower  Read Replies (1) of 1418
 
Count,

Thanks for your concern.
I shouldn't say this because I know many aren't, but I'm in fine shape. I didn't have a large position like I've had in the past. I went full margin on Deswell at $6.00-9.00 (ave about $7.00), sold 80% of holdings at $14.25. Began adding as it fell, but not aggressively. Sold those shares at the open this morning and broke about even. I'm under $6.00 on the shares I hold now and will keep them long term.

Many seem to think that Deswell is my only stock. My largest position (before I sold this morning) is JWG. I added it at $12.50 and $14.50, but due to past trades I have -$19.00 in it (that's minus $19.00). I'm almost 50% cash as I write this.

I have a list of 25 that I follow. I trade all of them on the dips and runs. (SWS, SNDK, AMTD, and some others have been very good to me)I've been active on the Deswell thread because I feel a personal relationship to it that I don't have for the others (except for perhaps JWG & HIHOF). I think it comes from my conversations with Mr. Lau and the comraderie that developed on this board.

If I convinced anyone to buy that now feels it to be a mistake, I apologise. I've posted here or on the Yahoo board everytime I've bought or sold and have tried to post only information rather than hype. At times I've let my optimism overcome good judgement.

I'll take a look at NMGC. May want to add it to my list.

My best,
Ron

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