Global Election Systems
From: Swidarski, Thomas W.
Sent: Tuesday, August 27, 2002
To: Urosevich, Bob
Subject: FW: Diebold Election
I ask that you send very positive articles like this one on
to the entire DES team. I am glad Joe sent it to most of the sales guys
but I want the accountants, developers, etc. to read this as well.
Joseph (Global Communications)
August 26, 2002 4:58 PM
Thomas W.; Rosenberg, William; Urosevich, Bob; Radke, Mark; Herron, Barry;
Adams, Paula K.
Stacy; Martin, Susan; Thomas, Franchot, Sr.; Diekmann, Robert; Kaplan, Frank;
Diebold was mentioned by Cleveland-based
Victory Capital Management on Fox 8 News this morning as a great stock to buy
. Victory owns about $400,000 shares of DBD. Below is a transcript
from this morning's show.
Video Monitoring Services
of America, Inc.
1501 Euclid Avenue, Suite 813
(216) 579-4106 (FAX)
Date August 26, 2002
Time 06:00 AM -
Station WJW-TV (FOX) Channel Eight
Program Fox 8 News in the Morning
JACQUE SMITH, co-anchor:
Welcome back. It's time to get Street Wise this Monday
TRACY McCOOL, co-anchor:
Joining us to offer financial advice is Rick Butacore (sp),
President and CEO of Victory Capital Management. Good
morning and thanks for being with us this Monday morning.
Mr. RICK BUTACORE (President & CEO, Victory Capital
Management): Good morning, thanks for having me.
SMITH: Glad to see you this morning. We have a viewer
e-mail. Melissa says--she wants to know what you think
about Diebold stock. She says they have a new voting
system, and their stock seems to be very steady.
Mr. BUTACORE: Their stock has been great. In this market
environment, any stock that has a dividend--that has a
dividend like Diebold does is very, very good. Their
earnings for the second quarter came in strong. Their
business is at the core ATM business, which is what banks
are using. During the 90's, when the banks were
consolidating, that business slowed down, but this voting
system is really an opportunity for them to grow, as well
as some of those ATMs are aging. So as they start
replacing them, their business will also grow. The other
thing that's good about their business is 55 percent of
their earnings are pretty recurring because they're on
service agreements. So it's a good company. We would hold
it, we own it ourselves (sic).
# # #
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