The Company is a global provider of security solutions that reduce software theft, strongly authenticate network users and protect against unwanted Internet and e-mail-borne content, including spam and viruses.
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Small cap thrashing de jour. Debt free with nearly 43% of current market cap in cash; secular growth in authentication markets. Using today's miss (mixed guidance - earnings down; reaffirmed FY 08 revenues) to initiate long at $15.80 - good value here for patient longs although may easily go another point or two lower in the near term.