Data Domain: Research And Markets Report Available

We've had many requests to make our reports available on an individual basis and now the Data Domain IPO report is available at Research and Markets. The direct link is here.

The company has announced that it will be reporting its first quarterly results as a public company on July 31 after the close. We'll be on the edges of the summer slowness but at the time we will issue an updated report and new financial estimates.

Since the IPO the shares have been moving higher and are now trading at $28 versus our current estimate of full fair value of $23. All the incremental data we have collected points to a strong quarter with the possibility that we will be increasing our fair value estimate. However we doubt it will be going above the current share price.

DDUP 1-month chart