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DAIO dropping down near $11. Anyone buying?

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hweb2 Member Level  Friday, 01/12/18 02:19:06 PM
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DAIO dropping down near $11. Anyone buying? I added some more. Stock is way off the $16+ high it hit a few weeks ago. And they're giving an investor presentation at Needham next Wednesday. Will be discussing current views, and hopefully some excitement about SentriX. I think they'll say good things, but the stock sure isn't acting like it. If they're still bullish, stock could see a nice rebound.

From 1/9/18 PR:

For its most recent financial results for the period ended September 30, 2017, Data I/O reported revenue at the highest level in 17 years and bookings at the highest level in 10 years, driven by continued strength from its prominent positions in the automotive electronics/infotainment and Internet-of-Things (IoT) sectors. At the conference, management will be discussing its current views and momentum on the automotive electronics industry as well as the new SentriX™ Security Provisioning Platform.


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