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Technology Stocks : Axon Enterprise, Inc. (AXON), formerly Taser Intl.
AXON 639.51-9.8%Nov 5 3:59 PM EST
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From: John Carragher10/25/2006 1:12:21 PM
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11:34 TASR TASER: Conference call summary (9.72 +0.52) -Update-

Co says they are working on monetizing their technology and their brand value. Co says the chatter about the co making an acquisition has gotten a little over blown. Co says they have significant cash on their balance sheet and they aren't out looking to become and acquisition machine, but they are looking at certain technologies. Co said they are now looking at the challenges of deploying their capital for the good for the company. Co says they are trying to shift from defense to offense. Co sees reduction in legal costs in Q4. The co mentions how the L.A.P.D is evaluating using the Taser device, says it will take some time, and you will not hear about it until they receive an order. Co says 2005 was the anomaly year, and it will give investor confidence, now that they are back on track. Says with the SEC going away and groups like the L.A.P.D looking at orders, and France ordering, they are seeing steady and consistent growth. Co says they are matching 2004 literally dollar for dollar and believe Q4 will be very strong. Co notes that they do have some preliminary trials going on in other European countries, says you will see continued international expansion.
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