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


To: kolo55 who wrote (993)9/23/1998 5:23:00 PM
From: Ron Bower  Read Replies (1) | Respond to of 1418
 
Paul,

I like the site. It's oriented to Investor information. They still have the Jetcrown and Kwanasia sites for the customers. Just hope they keep it up to date. Amazing how often you go to a company web site and the 'news' is over a year old.

I also bought a little. We didn't have much company. Not many buyers or sellers at the price. I'm wanting to get before one of the funds steps in to add to their position. If they can buy at $22, they can jump in at $10 to average down.

FWIW,
Ron



To: kolo55 who wrote (993)9/24/1998 3:38:00 PM
From: Ron Bower  Read Replies (1) | Respond to of 1418
 
Thread,

Deswell is not an unknown stock.

The various reports are inconsistent showing 6-13 Funds holding Deswell. Most all of them bought at prices above $15.00, many were buying above $20.00. From the volume and resistance we've seen at the various levels, I think we need a report on current fund holdings, one that's accurate and up to date.

In July there were 19 firms making a market in Deswell. From what I understand, Barington may have sold off and may no longer be a MM for Deswell.

TRADING
DSWLF Deswell Industries, Inc.
Nasdaq National Market
Registered Market Makers

July 1998 Year to Date
MAYER & SCHWEITZER, INC....... 847,771
PAINEWEBBER INCORPORATED...... 709,924
TROSTER SINGER CORP........... 501,517
HERZOG, HEINE, GEDU........... 708,250
KNIGHT SECURITIES............. 205,356
NATIONAL FINANCIAL SERV....... 204,845
BARINGTON CAPITAL GROUP....... 403,719

Deswell has averaged a 30% monthly turnover in the float this year.

FWIW,
Ron