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


To: Ron Bower who wrote (330)12/15/1997 10:25:00 AM
From: Ron Bower  Read Replies (1) | Respond to of 1418
 
All,

Standout statements I see in the PR.

The 20 machines purchased from Toshiba were to Jetcrown for plastics stamping. Jetcrown is the highest margin company and 100% owned by Deswell. I had thought the machines were for Kwanasia (electronics) and for assembly work. This is much better.

Increase business is to telecom (InterTel) as I had thought.

Machines will be ready Jan '98 and "fully utilized".

"over the next few years" related to business and expansion

This PR indicates strong current and projected order demand well into the future.

It is confirmation of the info Mr. Lau gave me with some new details.

I decided to pay the 16-7/8 this morning. Should have had my order in before open and might have gotten it cheaper.

Ron
Mike - this should make you feel much better about your recommendation.