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VASCO Data Security International Inc. Message Board

  • mgm2020 mgm2020 May 11, 2012 1:18 PM Flag

    Stock will start to show signs of life...

    Chart is showing that the stock is at the floor with a bounce off $7.25, which is the support level. We are almost half way through the 2nd quarter, and the revenue shortfall of the first quarter should carryover as added revenue in the 2nd quarter if it was mainly a production and supply issue. No estimates or price targets have been revised and I see the stock rising back into at least the 8's prior to earnings and with a good report or positive surprise the stock is back to where it was prior to first Q earnings. Diginotar is a total non-issue, and will disappear.

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    • Have to disagree. Stk traded off before last earning report and I think that trend will continue until they post a good qtr.
      Reasons cited for last qtr results smacked of desperation and were outright silly and insulting. Stk will move north only if they post some good numbers and restore credibility.
      Besides, it the summer meltdown in progress with Europe triggering this years decline. Both conditions working against them.

 
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