VASCO Data Security International, Inc. (VDSI)

anarchyx914 (< 20) Submitted: 3/01/08 5:59 PM : Start Price: $11.65 VDSI Score: 11.75

Hmmm.. Interesting.

Housing/credit crunch, how would that affect small business owners? You can pay about ~$1000 a month for a commercial property (brick and mortar), or you could pay $100-$200 a month for an e-commerce website/server. Doing business online is the wave of the future, I actually work for a rather large e-commerce company and our sales for e-commerce are up 50%. VDSI provides the encryption and data security products for most of the major e-commerce providers, and 50% of the top 10 banks. I just see more and more people switching to an internet based solution, theres no commercial real-estate fees, VERY minimal employment fees, and these are two of the LARGE reasons I think that VDSI is going to outperform, especially after the nasty hit they just took for their recent earnings statement.

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