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

To: Steven Yang who wrote (271)	11/21/1997 12:35:00 PM
From: Ron Bower	Respond to of 1418

Steven, Thank you for the currency of sales. I also doubt that the $HK will suffer much devaluation, but think that some would be insignificant to Deswell operations. From the last report, the electronic division has shown substantial growth and may be the primary area of concentration with plastic and metal divisions supporting. I took a look at Inter-Tel and they look like an account with a lot of potential. I believe it was them that wanted Deswell to get into electronic assembly. Margins lower, but would increase revs for all companies. This would also have made a major change in the sales currency, lowering the $HK sales to $US ratio. Thanx again, Ron