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Message Boards Settings Data I/O Corporation (DAIO) - Quote Info
Re: STOCK BUYBACK     27-Oct-09 09:22 pm    
I agree. Buying some stock back would boost investor satisfaction and provide a nice return for the company. However, building so much cash is also a wonderful thing for the share price, as the cash alone value is not far from $2 a share ($1.69 or so) if I did my math correctly... Please correct me if I'm wrong about that... And with a profitable company trading not too far from its cash value, this should give us investors much comfort.

I view Data io like an amazing sports car. An extremely powerful engine (cash position) that seems to keep getting better, a super/aerodynamically sound sleek body (huge strength of operational management), terrific fuel supply (outstanding sales team--given market conditions, yes they have done well imho), and just so I don't leave them out, a fantastic tech team that is the chassis/foundation that makes everything work. Kudos to the management team and all those at data io. The share price should be far more than it currently trades at!

What I think is missing is that this fantastic car is hiding in some garage somewhere that few have discovered. Perhaps it could use the help of a driver. This driver would perhaps be the help from the BoD and/or a shrewd Business Development Manager that would carefully plan and execute the growth of this company (outside of traditional sales revenue, of course) without compromising "the car". It could all start small (test drives and so on). I honestly don't know how or if Data io does this at all, but if Mr. Hume had an ace in this area... wow.

Just a different perspective, not that things are bad as they are. Sooner or later, the car won't fit in the garage.


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calm5822


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Wouldn't it be nice to use a couple million $$ to buy b...
ccuoops Rate it 27-Oct-09 04:08 pm  
 
Re: STOCK BUYBACK
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