DAC Technologies Group International, Inc (DAAT)

[SSKILLZ1]

Yes it does, but you have to remember they cut 4.8 Million in sales out of the picture by cutting that lower margin business if I'm reading it right. So they won't be growing top line in 2009. Even if revenues grow 30% y/y (q3 + q4 combined) minus losing that 4.8 million in sales. They still don't even get to 6 million in sales for q4 if I'm calculating right.

Keep in Mind 41% of their sales was from order last year of business that they will not be doing in q3 and q4.

Margins is starting to concern me. They dropped sequentially, and you have to wonder if they are going to continue?

I think and .ob stock who is showing declining y/y revs, I fully understand why they are showing declining revs, plus 2010 revs should probably grow. So Long run, I think you may be right, short run stock may be dead money, or even drop further, until the q4 report, keep in mind q4 doesn't come out until late march. I think the uncertainty (Margins and q4 sales) will give it a 7-10 PE on the low end of guidence. Having said that this stock may trade under fair value levels until we have better visability going foward. Just my opinion.