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

To: j rector who wrote (433)	2/1/1998 12:25:00 PM
From: Ron Bower	Read Replies (1) \| Respond to of 1418

j, I'm on vacation with laptop to have contact with e.schwab. When I saw the market movement I had to find out why. Volume not BIG, but substantially higher than prior days. Buyers but not many sellers? Mr. Lau did not mention lower margins, but the last earnings report indicated that margins would be lower due to the added assembly work. (more labor intensive). I think this would account for his statement of 'much higher revs'. I don't expect this to have a big margin impact as it's not a major portion of the business. Perhaps a decline of 1% or so and this still makes it very high. For what it's worth, Ron