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Data I/O Corp. Message Board

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  • roy_358888 roy_358888 Oct 26, 2008 8:34 AM Flag

    Q3 conference call thoughts

    Great summary..
    I believe these guys should engage in a buyback, asap or heat the take out discussions. I am sure larger players can scoop up DAIO in no time. I am in there buying more.... What do you think will most likely happen

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    • A buy back is not necessarily a good use of cash and I am in the camp the would argue that insiders and institutions benefit rather than common shareholders. If a stock will face selling pressure trying to prop up share price will work no better than the government trying to prop up housing. If the corporation is well run and is making money share price will envntually follow. This whole market is in a cash crunch. My hope is we keep our cash which helps keep us strong. I also do not feel we need to be bought out. America needs good corporations which have the focus to get things done. Size is no indicator of strength in this economy.

 
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3.21-0.01(-0.31%)May 27 4:00 PMEDT