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

To: Ron Bower who wrote (1138)	12/31/1998 10:06:00 AM
From: kolo55	Read Replies (2) \| Respond to of 1418

I was buying yesterday below 10. This is tax loss selling, pure and simple. And you called it earlier on the thread. I congratulate you on the trade out in the 14-15 range. When this ends, the stock will bounce. I expect the upside is limited to 13-14 until the earnings report, but after we get this Q out of the way, a lot of the uncertainty of the impact of Mita and Nam Tai should be gone, and we could see a nice rally above 14. Downside is limited to 8 1/2 or so, since the company has demonstrated they will buy shares at that point. This is another golden buying opportunity. I bought some shares yesterday below 10. Paul