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


To: j rector who wrote (773)5/30/1998 12:42:00 AM
From: Ron Bower  Respond to of 1418
 
j,

"I'm perfectly willing to wait 4-5 years for my 150% return."

My sentiments exactly.

Wit hthe small float, Deswell is not a trading stock. (I say this and I've been buying on dips and selling on runups). Each time I've bought, I have felt comfortable because I was willing to hold the shares indefinitely. I now have my position down to $11.80. The current dividend is a nice return.
IMO - Deswell is a good stock for anyone interested in growth or for income/growth. I look to retire in 10 years or so. By then, Deswell should be giving me a nice semi-annual payment and be worth considerably more than my position should I wish to sell.

There appears to be a shortage of buyers. I can't believe anyone is selling at these levels. This makes the 3rd or 4th time in the past year I have had doubts. A Paul once said, "seems we always have to suffer before we get the good news".

FWIW,
Ron