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

To: kolo55 who wrote (547)	3/5/1998 8:51:00 AM
From: Ron Bower	Respond to of 1418

Paul, I don't know if I should give you congratulations or sympathy. Poor guy, made all those profits and they won't let you work. Tell you what, to ease your pain, I'll help you out and trade places with you. I gotta work to pay my D*** taxes!! We are going to see a very weak market today and I mean VERY WEAK. News is bad everywhere with some ASEAN banks in trouble, Intel projecting a poor 1st Q, and a lot of other bad news. Don't know how it will effect Deswell, but recent experience indicates it's probably going to be another selloff. One of the things contributing to a weak market is the high interest rates in Hong Kong. What does that do to a company with over $30M? For what it's worth, Ron

To: kolo55 who wrote (547)	3/11/1998 11:45:00 AM
From: mod	Read Replies (1) \| Respond to of 1418

Paul, I just converted a sizable portion of my IRA-SEP to a Roth, too. Now I have to hope that none of the stocks in my taxable portfolio (like a large amount of my DSWLF) gets taken over for cash by the end of the year. Otherwise I'll have trouble staying under the 100k limit. Though the limit is higher for me, in effect, since I saved some losses and sold them in 1998 rather the end of 1997, just in case I needed some cushion. If DSWLF gets taken over for cash, I'm pretty much dead though, I'd blow right through the limit because of all my $10 stock. I do have a contingency plan in that case, involving buying t-bills that mature next year on 90% margin, generating large margin interest deductions this year while deferring the interest until next year. Rather not try to test that plan though. :-) Dennis