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

To: j rector who wrote (1244)	4/10/1999 10:39:00 AM
From: Ron Bower	Read Replies (1) \| Respond to of 1418

j, Nesbett may not be prompting the company about putting out news, but the information must come from the company itself. When I've talked with him in the past, he hasn't seemed to know (or isn't willing to impart) much more about what's going on than we do. There seems to be two things that inhibit news: They are afraid to violate Nasdaq rules and they don't want to get themselves into a situation where they have to reverse themselves like they did on Mita. There has been far less news since the Mita reversal than before. Prior to that, they were reporting expansion and changes, but they aren't doing that now. It may be there's nothing to report. I have sent them my desires for an active share buyback - not buying a large block, but nibbling in the market with 10-20K buys until they fill the 500K authorized. IMO - It's the best investment they could be making. The company is worth over $12 a share based on the value of assets and investors are buying at a 75% discount. The company is worth over twice what it was when it IPO'd yet the price is the same. Makes no sense to me that they don't see this as an opportunity. It would increase shareholder value, EPS and dividends. Buying 500K at an average price of $12 would not be a major reduction to cash liquidity and would be of major benefit going forward. If they are concerned about reducing the float, a stock split could always be made when the price rises into the $20's. JMHO, Ron