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$8.50 -0.75 (-8.11%)
12/4/2008 3:43 PM

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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1

Avatar NuvoRiche (69.24) Submitted: 4/12/07 11:54 PM : Outperform Start Price: $17.86 VDSI Score: -10.86

Internet banking and internet crime both are not going away. This software company provides "disposable" passwords via a small keychain-sized device with LCD screen. Heavily utilized apparently in Europe/Australia/Asia, now endeavoring to penetrate the US banking market. Besides an investment play, I'm planning on writing to the financial institutions that I patronise and request that they obtain this product. I would be willing to bear a small additional monthly expense to be protected by this caliber of "two-factor" security. Maybe a little expensive at forward P/E 27, PEG 1.14 for ROE 37%, but this is a frequent-use, broad appeal, globally deployed effictive crime-fighting technology that your average blue-collar Joe is going to want to use to protecthim from fraud.

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