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


To: mod who wrote (587)3/24/1998 3:16:00 PM
From: Ron Bower  Read Replies (1) | Respond to of 1418
 
Dennis,

I wish I could go!!!

Can you tell if the Insider shares are on the market? The options are at about $10.38 so they would need $21.00 out of the half they are selling to cover the buy. There seems to be a solid Ask at $21.00 with some other selling below the number.

If the Insider shares clear the market everything will be clean. Koo apparently still owns 100K that he may decide to sell at some point, but this may be the last buy opportunity at this level.

It didn't occur to me when I said that it might show weakness that the last time they sold I think they put it out at a firm 2x option price (21.00) and were patient in selling. It was Namtai that just sold at market and gave us good buying prices. After they sold, they came out with the earnings and it ran to $26-27. Likely be higher this time.

Ron