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

To: Ron Bower who wrote (851)	7/30/1998 3:39:00 PM
From: jmt	Read Replies (1) \| Respond to of 1418

New to the thread but have owned DSWLF for years. I enjoyed reading the last few posts but excuse me if I am covering area's already addressed. When I spoke to IR a few weeks ago they discussed a reduction in growth due to increased competition. But I wonder to what degree the perception of a currency devaluation is playing on the price. And if this a "currency" penalty, is it appropriate? It is my understanding the companies revenues are in U.S. Dollars. However most of the costs are in renumbi. The effect of a currency devaluation would both increase margins and provide Deswell the ability to better compete with other Asian countries who's currencies have already devalued. I welcome your comments and constructive critisism. jmt