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$9.20 -0.05 (-0.54%)
12/4/2008 11:28 AM

VASCO Data Security International, Inc. (VDSI)

CAPS Rating:
*****

The Company designs, develops, markets and supports open standards-based hardware and software security systems that manage and secure access to information assets.

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Recs

4

Avatar julianwain (91.33) Submitted: 2/22/08 10:21 AM : Outperform Start Price: $11.28 VDSI Score: 16.36

Revenue missed targets slightly (from $36.6M expected to $31M realized in 2007) because 3 big orders were backlogged for 2008.
Net Income dropped about 25% for the same reason, plus the company is expanding (reinvesting)... and the market sheds 75% of its value since October ????
C'MON, PEOPLE! It is still the same company!
This is a screaming buy.

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