- We are surprised by the renewed selling of the shares of Data I/O.
- It looks like investors took their cue from a single disappointing data point, backlog, and concluded the cyclical downturn is getting worse.
- Shares are pricing in a worst case scenario with substantial cyclical losses and cash bleed.
- We think there are multiple data points leading to a more positive conclusion. So we think the sell-off is way overdone.
Data I/O Is Priced For A Crash That Isn’t In Sight
August 2nd, 2018 · No Comments