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Technology Stocks : Deswell Industries (DSWL) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Burry who wrote (233)11/11/1997 9:57:00 AM
From: Ron Bower  Read Replies (1) | Respond to of 1418
 
Mike,

Dividend payout has been 40% but it may not stay at this if they need monies for expansion.

As far as I know there will be no additional shares except those given to officers in stock options. This is their primary source of salary.

Price has started recovery on decent volume. I definitely feel there was a market being made in the stock yesterday. IMO -Today we should see lower volume and much higher prices to reflect the earnings report. I had a buy in on maor warrants this morning at the Ask of 6.50 but lost it to a market open of 6-7/8.

Good move on your buy - up 1-1/8 at open. I added 2K at 17.50 yesterday to the big large amount I already hold. My real buys were last week. Now have warrants at a little over 6 and stock a little over 17.

Ron