VASCO Data Security International, Inc. (VDSI)

[Waitedg]

Nice to see you posting here again. Have an initial open order in to buy at 6.25. May be too low, but in this market am being extremely cautious.

From previous study I like the CEO Hunt. Think he is honest, and a good manager. What is most difficult to determine here is just how totally will VDSI sales be creamed with what is going on in the financial markets, banks etc. My guess is that the current 12 months trailing earnings of .56 may get paired down to .20 to .25 for next 12 months. Maybe that is too generous. Don't know. But do believe that identity theft will remain a major headache banks will have to continue to deal with. Waitedg