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

To: mod who wrote (1058)	10/16/1998 12:06:00 PM
From: Terrapin	Read Replies (1) \| Respond to of 1418

Well, that takes care of that debate! <G> IMHO I find that very comforting.

To: mod who wrote (1058)	10/16/1998 12:15:00 PM
From: kolo55	Read Replies (3) \| Respond to of 1418

I've been chasing this stock up the last three days. Its been hard to get a fill, unless you just play the ask. I have managed to get a few shares on the way. For the last couple of days, it seems that SI types have been providing a lot of the support, whatever support was there. I was reluctant to buy too much, because I was worried that we were the only ones buying. This share buyback will put a floor under the stock at about the book value. 500,000 shares are a lot of shares, and I don't think a seller could sell through that. I expect the stock will now trade over book, and I don't think Deswell will have to buy in many shares. In fact, as thin as this stock is trading now, I don't think they will be able to buy many shares under book value. Paul