Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of information security specialist VASCO Data Security International
So what: VASCO's first-quarter earnings merely matched analyst targets rather than blowing them away, and the company stuck to its earlier full-year guidance. For a stock that doubled over the past seven months and gained 81% since the last earning report, that simply won't do. Only mind-blowing excellence could have satisfied Mr. Market at this point.
Now what: The IT security sector has been overheated since the buyout binge of last fall that culminated in Intel
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