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Technology Stocks : Digital Ally Inc. - DGLY
DGLY 1.700-1.2%2:03 PM EST

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To: caly who wrote (8)8/15/2007 1:14:14 PM
From: gilead23  Read Replies (1) of 554
 
Apparently their pricing is competitive as well. I don't have my notes with me but I came across a city council meeting where they noted DGLY had the cheapest solution.

I spoke with Jeff their CFO last week. Production capacity is targeted for 1000 video systems per month.

These things sell for roughly $4000 each which means they are trying to upgrade their capacity to 12 million a quarter in just mirror systems which does not include flashlights.

I am curious what happened to their camera surveillance systems. They don't seem to be selling that product but mentioned it in the prospectus.

The things I like about this are

1. Good people involved. Ken McCoy certainly has the pedigree to help them succeed.

2. Good attention to operations. They flowed a huge amount of their increased sales last quarter to the bottom line.

I am not enamoured of the level of stock compensation provided or the general level of management compensation. These guys have rewarded themselves richly relative to the company size.

I own a little. Its still more expensive than what I would like to pay. I would get excited at 1.50.

If they continue to grow sales as they have and stop dipping their fingers in the company bank account it could be a big winner.
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