Double bottom with possible handle. Large buying volume.

Vasco Data Security (VDSI) was upgraded to Buy rating from Hold at Jefferies. Price target and FY2008 eps estimates hold at $13 and $0.63, respectively.

Q: Anything else along these lines?

A: I would throw in a company called Vasco Data Security International [VDSI]. Here is a company with a real growth rate. It has been growing at over 60% a quarter in the last three or four quarters. Its sales are up 44%, 93%, 75% and 60% in the past four quarters. It makes software- security systems that manage access to information. Only 7% of its business is in the U.S. This is a company growing every quarter between 40% and 75%. It did 33 cents last year and will do probably 65 or 70 cents this year -- a double. Next year it should earn about 90 cents. You can buy it at 19 a share, down from 45.

Internet banking security is a growth area. Big in Europe and like texting should grow in USA

Vasco Data (VDSI) was upgraded from Market Perform to Outperform, Friedman, Billings Ramsey said. Selloff in the stock appears overdone, and recent channel checks ave been positive. Estimates also raised.

Vasco Data Security (VDSI) was upgraded to Buy rating from Hold at Jefferies. Price target and FY 2008 eps estimates hold at $25 and $0.85, respectively.

Play on electronic fraud. Makes verification tokens for commercial banking customers. Great recurring revenues, although last quarter wasn't the greatest. Still, I have faith in management, and the company operates in a duopoly market. A good buying opportunity.

spec

internet security company earnings up 333% sales up 93%

Good growth, strong financials, liked their attitudes at last conf call. Said subprime not a concern ( we shall see!)

bottom fell out