Posts Tagged ‘datalink’

DTLK Update

By: ispeculatornew | Date posted: 01.21.2007 (12:00 am)

DTLK – Datalink (Nasdaq) (Closing Price on Friday, 1/19/07 – $7.52)

Datalink is up 6% since I originally recommended it and there haven’t been any developments since my original recommendation. However, Datalink is set to report earnings on February 7 and I am going to give you my opinion of what you should expect. (more…)

DTLK – Initiation of Buy Recommendation

By: ispeculatornew | Date posted: 12.20.2006 (12:00 am)

DTLK – Datalink (Nasdaq) (Closing Price – $7.10)

Datalink (ticker: DTLK) is a company in a growing industry and has been reporting solid results. Datalink operates as an information storage architect which basically means it helps companies store and protect their data. This is a valuable service to offer because most businesses deal with overwhelming amounts of information that they must keep protected.

Datalink’s quarterly results can be erratic due to the timing and completion of contracts but overall their results are good. For the first nine months of this year Datalink has reported a 32 percent increase in revenues over the prior year. Datalink’s trailing earnings for the last four quarters is $0.47. That would give DTLK a PE of 15 with today’s closing price of $7.1. That is very cheap for a growing company. (more…)