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

To: Jethro Bodine who wrote (637)	4/10/1998 5:10:00 PM
From: Michael Burry	Read Replies (2) \| Respond to of 1418

I love this discussion. I too can relate personally to the mold cost/ downstream return vs. current risk issue, as I have been involved in several start-ups myself facing this very issue. No doubt you all have identified the big issue facing the customers - true all over the world. Thanks to all for continuing this discussion. Ron, re: calling the CEO again, I agree that we should limit our calls to only the rare occassion that we really don't get something. I feel very comfortable with my investment (I averaged up at 19 a few days ago), and feel that the major issues are out in the open already. I am not presently so befuddled that I would be comfortable calling him again. The instant I get befuddled, I'll be on the line. The biggest sure bets I see right now are Deswell, Telebras, and St. Joe, with Deswell leading the way. Dang we need a black-as-all-hell bear on this thread. On the bright side, among the rare occasions that I have been just absolutely 150% way-too-bullish on a stock, I can't recall a loss. In recent years, Pacificare at 48, Telebras at 90, Micron Electronics at 9, WHX at 5 1/2. Applix at 4. All were absolute steals. Now it's Deswell at below 20 and SJP at 30. Both stories are 100% better than a year ago, with only minimal stock price change. Time will tell. Good Investing, Mike