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


To: Ron Bower who wrote (277)11/25/1997 8:01:00 PM
From: j rector  Read Replies (1) | Respond to of 1418
 
Ron,

can you clarify the raw materials issue? Seems to me
that if HK$ is devalued, and, for example, US $ isnt,
then DSWLF pays more in raw materials cost relative
to a US firm. If raw materials are sold from a country
w/devalued currency, then DSWLF isnt hurt, but isnt helped
as much as US firm. So COGS increases in a relative sense.

NTAIF definitely has PR problems--but they have one hell of
alot of cash. Do you have any ideas about Asian ECM firms
that are cash strapped for either DSWLF or NTAIF?