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

To: Michael Burry who wrote (612)	4/3/1998 12:43:00 PM
From: Ron Bower	Read Replies (1) \| Respond to of 1418

Mike, I don't think you are alone. I think a lot of us have been trying to add to positions near 20. We may be competing with each other at that level. I'm not now. Added at 20.625. You can now expect the price to go down so everyone else can buy. I decided to raise my bid because I believe we've pretty well lost the traders and are now down to investors. I think the new reports will show that the Fund percentage is much higher and the public float may actually be smaller than it was before the warrants were issued. If I'm right, it puts Deswell in position for a major price breakout. If a Fund or an individual decides to take or add a major position, we won't see this level again. As I don't know when this might happen, I decided I'd better get it bought. It's strange, I bought at this level last Summer, two great earnings reports ago. Before I posted, I checked and sure enough, it went to 20.50- grrrr! But I'm happy, I have mine bought. For what it's worth, Ron