Data I/O Corporation (DAIO)

[linuspop]

Yesterday's report was pretty weak but they did manage to eke out a small profit (they reduced spending to make that happen). Backlog numbers were not that encouraging so I expect a breakeven-ish Q in 3 months. Sentrix is slow-going but the partnerships are in place if and when...
2 new customer wins is a positive development.

This is going to be a case of lots of pent-up demand will result in a flurry of orders at some point. Lumpy Q's.

The balance sheet is very strong and the company continues its share repurchase, so there is a floor. A great buy in the $3's, imo, and wait it out until things get better.