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Datalink Corporation Message Board

  • cool_scirocco cool_scirocco Mar 14, 2013 4:35 PM Flag

    Today's $11.70 close was an all-time high

    DTLK has never closed above $11 before yesterday, March 13, and it hit an intraday high of $11.29 on Aug 2, 2011.

    Today's $11.70 close is an all-time high!

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    • You better look at your chart again! DTLK was over $30.00 a share in 2000. We got a long way to go to get back to there. Perhaps you meant a 5 year high?

      Sentiment: Strong Buy

      • 1 Reply to kobb2216
      • No, I was just sloppy. I just looked back five years, and didn't think to check the stock price during the internet bubble.

        FWIW, I looked at the 10-K for FY2000, and they did $0.99 EPS in FY1999, and in Feb 2000, the stock was selling in the $20s. I don't know why it spiked to $35 in mid-March, 2000, but it may have been because on March 7, 2000, they issued an S1 filing. Perhaps there was something in there, or in a PR that came out at that time that isn't available in the SEC's EDGAR system, that caused the run. Or maybe it was because that's also within a few days of when the NASDAQ peaked at 5000.

        By the time they filed the 10-K on March 30, 2000, the price was back to the low $20s.

 
DTLK
11.67-0.12(-1.02%)Mar 27 4:00 PMEDT