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Technology Stocks : VASCO Data Security (VDSI)
VDSI 21.800.0%Jun 5 5:00 PM EST

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From: JakeStraw1/31/2005 12:07:12 PM
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From briefing.com - 11:25AM VASCO Data Security - New High Profile (VDSI) 7.70 +0.15: Making a new 52-week high today is Vasco Data Security. It develops patented "Identity Authentication" products for e-business and e-commerce. Attracting investors is the co's focus on high volume/low cost market opportunities part of the authentication market. Dougherty & Co. notes that co is growing revs at nearly 2x its peers with 3 year EPS growth of 40%. Also, recent govt regulations have helped drive awareness of and continue to be mkt drivers for strong two-factor authentication... VDSI is a name we first profiled last April on our Small Cap Focus page at $2.56 and later in our TechWatch. The momentum is carrying into 2005 as the co recently said it expects its full-year 2005 revenue to grow 35%-45%. Also, Soleil is expecting VDSI to land several million unit bank authentication deals in 2005... Mkt cap $255 mln, float 21.3 mln, avg volume 780K.
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