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.
Strategies & Market Trends : Technical analysis for shorts & longs
SPY 690.270.0%Dec 26 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Johnny Canuck who wrote (42707)10/11/2005 3:16:46 AM
From: Johnny Canuck  Read Replies (1) of 69261
 
Shootout at the stun gun corral

By Dinesh C. Sharma
news.com.com

Story last modified Mon Oct 10 09:43:00 PDT 2005



Like a young gunslinger out to prove himself against the reigning shooter, Stinger Systems has its sights set on Taser International.
Stinger on Monday announced that it has begun shipping a stun gun called Stinger Projectile. Stun guns use a jolt of electricity to subdue a person. The effect is intended to be both temporary and nonlethal.


The market for the gear has been dominated by Taser, which rode its renown to a spot on the New York Stock Exchange and a 52-week high of just over $30. The company's shares have since dropped to the $5 range.

"To date, this market has been a virtual monopoly," Robert Gruder, Stinger's CEO, said in a statement. "Today, that monopoly ends."






Previous Next Stinger said its $599 product has several advantages, including a lower price than the Taser X26. In addition, the Stinger device fires four darts instead of two, has a 31-foot range compared with 21 feet for Taser, and has an automatic shutoff after four seconds, rather than five.

Production of the Stinger stun gun began in the spring, but the company said its release was put on hold so the company could perform additional engineering in order to attain "a more reliable product."

The Charlotte, N.C.-based company is marketing the device to law enforcement agencies around the world. It says it will not sell stun guns to civilians.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext