Value Microcaps Motherboard

[abh3vt]

DAAT.ob selloff has been on low volume, and probably tied to the fact that the retail sector has been out of favor. We might be seeing some selling based upon Katrina's economic impact.

Sales results for August should be out soon. My guess is that they will be pretty decent but September will probably be slightly impacted by Katrina. I don't think it will alter the full year expectations, but who knows.

Previous guidance has been for 0.23 - 0.26 FD and fully taxed for FY05. Revenues should come in around 14-16MM. Let's assume that the safer bet at this point is the low end of the range of estimates. If so, that would mean revenue growth of nearly 50%, and fd eps growth of 64% using a pf tax rate of 39% for FY04. The stock is currently trading at 10x forward estimates.....

I'm long the stock and like its management.