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


To: Terrapin who wrote (1046)10/13/1998 10:51:00 PM
From: Dick Jaffe  Respond to of 1418
 
Sorry, I don't have a link as it was a radio news item I heard on the way to work yesterday morning. The item did relate to Mita in Japan. There was no mention of Hong Kong, so it could be that the market overreacted to the news on the assumption that it would affect Mita worldwide. However, it seems that the stock was tanking in advance of the news, so it could be insiders unloading. BTW the CEO who resigned was Mr. Mita.