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

To: j rector who wrote (351)	12/29/1997 7:51:00 PM
From: Tim Cruise	Respond to of 1418

Does anyone know the details on the free trading warrants - DSWWF - which closed at 3 7/8 today? When do they expire? What is the strike? Secondly, what is the general feeling on playing the stock from that direction? Any information appreciated ... Thanks, Tim

To: j rector who wrote (351)	12/29/1997 8:29:00 PM
From: P. Ramamoorthy	Read Replies (1) \| Respond to of 1418

if DSWLF is manufacturing for the local market, devaluation or no devaluation, how it does it matter? Devaluation will affect their balance of trade. But they can also stop cheap imports. Check out CIND. Three years ago it sounded good - diversified geographically (South Africa, Australia, India, China, USA, etc.), business-wise (wool, pharmaceutical, etc.). The stock did not do well for sometime. It was hard to figure the mgmt. Ram