Digital Ally Inc. - DGLY Message Board

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Technology Stocks : Digital Ally Inc. - DGLY

DGLY 1.802

-0.4%

Oct 29 3:59 PM EDT

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From: David Alan Cook	1/11/2015 8:26:30 AM
	of 554

The Ferguson effect "Shares of Lenexa-based Digital Ally Inc. soared after the August police shooting of a man in Ferguson, Mo., heightened interest in body-worn cameras for members of law enforcement. Police departments, cities and counties have hit the company with a “dramatic increase in inquiries” for its body and vehicle-mounted video equipment, said Tom Heckman, the company’s chief financial officer. They want equipment for tests or to run pilots to evaluate potential purchases. Sales will take longer to show up as agencies’ purchasing processes tend to be slow. But Heckman said the company expected a sales bump to be evident in its fourth-quarter report and a stronger impact evident in 2015 revenues. Digital Ally, whose shares this year had gained 74.86 percent through Monday, plans to add a second and possibly a third shift to meet demand for its products."

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