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

To: Shane M who wrote (515)	2/26/1998 11:21:00 PM
From: Ron Bower	Read Replies (2) \| Respond to of 1418

Shane, Thanks. If I understand it right, the institutional holdings are considered in the float? Insiders would be Lau and associates plus the Behringer shares? Institutional holdings around 600K. We added 400K from the Ws and they took almost half of it. Deswell added 3 more institutional class investors and 185K net shares BEFORE the earnings report. Explains the support at 15 and the later support at 17. Wonder what effect the 78 cents had on their thinking? Maybe support at 20? Average holdings per your numbers closer to 50K shares. Thanks again, it's starting to get interesting. Ron