Player Avatar FremontFred (< 20) Submitted: 2/3/2011 11:39:55 PM : Outperform Start Price: $6.02 DTLK Score: -4.40

Great Article on Seeking Alpha:

"Based on the company’s projected acceleration to $90 million revenue and 21-24c earnings for December 2010 quarter and improved numbers going forward, a $12 minimum target was calculated based on a conservative PE ratio of 15. The $12 target also equals the prior recent high of $12.50 set in October 2006 when DTLK generated only $30 million and $0.12 per quarter, so based on that the $12 target seems quite achievable. Also, the $12 target compares quite well to the $6.50s high set in July 2008, when DTLK generated 50% lower quarterly revenues and earnings at $45 million and $0.10 respectively than what it is generating today."

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