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Technology Stocks : Digital Ally Inc. - DGLY
DGLY 1.760-0.6%9:30 AM EST

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~digs
From: David Alan Cook11/8/2013 6:33:26 AM
1 Recommendation   of 554
 
During the earnings release and conference call, I will be evaluating the company's performance in terms of the 3 reasons cited in this message:

1. Are we seeing some improvement in state and local police budgets from their prior depressed levels?
A similar but larger company that relies on state and local police budgets . . .TASR . . . reported great growth in this market during their recently announced quarterly report. Is DGLY seeing improvement in sales indicators from these customers?
2. New products enable new market and higher revenue. What are the forward indicators that the company's recently released products are being accepted by customers?
I am looking to assess performance in three areas:
a. International Sales - Company did not release a press release on their sale of in-car cameras to mexico. Although It was a medium size contract of about $130K, it represents the largest international contract in 2 qtrs. Will we receive an update on the 2 large international contracts ( one for supply parts, one for in-car video cameras) that the company noted in both their 1st and 2nd qtr conference calls?
b. First VU HD Acceptance - This is one of the best opportunities for growth given recent court ruling that now require police officers to wear these types of cameras to ensure fair treatment in stop and frisk operations. The company announced in last press release that they have won several large test trials for FirstVu. I have posted a few of the sales that I have located on the just released new product. KEY QUESTION - What is the backlog of sales and interest in this new product.
c. Commercial and taxicab market - The company has been participating in large taxicab and police force test trials in major US Cities that could result in several large contracts. . .when will we see the results of the tests transition from winning to purchase orders?
3. Are we seeing continued improvements in earnings after one time charges resulting from efficiencies in manufacturing and operations? Company CEO noted these efficiency improvements in last conference call and stated they we will see a significant ramp up in profitability if revenue continues to grow.
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