• Very well run company that is the market leader in its field and is supported by a secular tailwind with ever more electronics going into ever more stuff.
• So far, the company has managed the cyclical downturn quite well, and it has developed an innovative solution and business model for the IoT market.
• While valuation is still reasonable, things are going a bit slower than we hoped, and there are also some risks.

Source: Data I/O Is A Long-Term Buy – Data I/O Corporation (NASDAQ:DAIO) | Seeking Alpha