VASCO Data Security International, Inc. (NASDAQ: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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lawsuits are coming
It's unfortunate that the "spin" the Fool is taking on VDSI has turned decidedly negative. VDSI had been a highly recommended stock both by the Fool and based on it's CAPS rating. When the problem with Diginotar was discovered, the Fool was very quick to blame the entire company, successful core business and all, bury VDSI and remove it from the recommended list. Not only did VDSI beat the analyst expectations for the quarter, but it raised it's guidance for the full year from a 40% increase to a 45% increase over last year! I would say that the Fool was indeed foolish and got fooled by it's own rash and hasty analysys. Hopefully many of the subscribers, like me, took advantage of the overblown drop in the price and are reaping the rewards, both in the past few weeks and to yet to come from this growing company.