Posts Tagged ‘Datalink stock advice’

DTLK – Update

By: ispeculatornew | Date posted: 07.07.2007 (12:00 am)

DTLK – Datalink (Nasdaq) (Closing Price on Friday, 7/6/07 – $5.45)

On July 2 Datalink lowered its second quarter guidance due to a “slow down in IT and storage spending” with some of its large customers.

Datalink lowered its revenue forecast to a range of 40 to 41 million from the previous range of 49 to 50 million and also lowered its earnings forecast to a loss of 3 to 5 cents a share from previous guidance of breakeven to a profit of 5 cents. (more…)