SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Axon Enterprise, Inc. (AXON), formerly Taser Intl.
AXON 486.11-4.6%3:03 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: lazarre who wrote (413)1/11/2005 9:19:08 AM
From: GVTucker  Read Replies (1) of 974
 
I look at the letter and I see management that is trying its best to be evasive. Take a look at these two quotes:

"During the fourth quarter of 2004, Tom and Rick sold an average of 22% of their position in TASER including both their stock and vested and unvested options."

Nobody calculates a position as a percentage of UNvested options, at least not when you're trying to be straightforward. The are trying to minimize the stock sales and are being deceptive.

And how about this one:

"During the first half of 2005, it is possible that we may see some delays in orders as agencies test and evaluate potential new entrants."

I've never met these guys, never talked to them. I only know what I read in their press releases and what they say on conference calls. For all I know they could be the most honest people in the world. But from the appearance they give to me, they act like they've got something to hide.

They hype the sales with specific numbers when they're going up. Sounds like they're hedging and obfuscating things when sales aren't doing quite so well.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext