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

To: Michael Burry who wrote (1209)2/15/1999 2:43:00 AM
From: Count de Monie  Read Replies (2) | Respond to of 1418
 
I invested in this stock for the low PE and high dividend. Now One leg of this idea is cut off. Should I stay or will the other leg drops too. In my experience a sharp drop in profits for 2 quarters is followed by a dividend cut. Regardless, my crystal ball says this stock will drops further either through deterioration or pullback in the market correction. I am taking my chips off the table. I will wait for next quarter and see if this stock is worth investing again.

good luck to the diehards, pardon the pun :)
Count de Monie



To: Michael Burry who wrote (1209)2/15/1999 7:18:00 PM
From: Tim Cruise  Respond to of 1418
 
OT : Mike, can you confirm my understanding of the consequences of a share split on open option series? If I own 10 contracts of an April 60 call, and the underlying splits, do I end up with 20 contracts of April 30's? Thanks, Tim


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