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Strategies & Market Trends : Aardvark Adventures
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From: David Alan Cook11/24/2008 7:42:23 AM
   of 7944
 
DGLY Local Paper Reports Multiple offers for company:

Article from KC Business Journal.
bizjournals.com

The most interesting part of the story is "Digital Ally, meanwhile, this month hired Banc of America Securities LLC to help it consider what CFO Tom Heckman described as multiple transaction offers prompted by the dipping of the company stock to less than $4: it topped $9 as recently as Sept 2."

The rest of the article talks about how DGLY has a lot more financial advantages than ICOP.

"John Putnam, an analyst for Dawson James Securities Inc., said its probably premature for Digital Ally, public since Jan. 1 to sell. They have potential to keep growing on their own, he said. Putnam said Digital Ally is in a strong position, with products that probably won't fall victim to budget cuts. He touts Digital Allys initial system as tops in the industry becuase of its inclusion in a rearview mirror instead of the traditional dash positioning of ICOP."

** I would prefer that the company seek stratgic partners to leverage growth rate. As shown by the order received from Jackson in link below, it appears that this approach would provide greater value than being taken over:

$652,445 Order From Jackson Police Dept - 18 Nov

jacksonms.gov

13 - ORDER authorizing the purchase and installation of In-Car Video equipment for
the City of Jackson Police Department from Digital Ally Inc. at a cost of
$652,445.00 (McMillin, Melton) (11/18/08)
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