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Technology Stocks : Axon Enterprise, Inc. (AXON), formerly Taser Intl. -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (794)2/10/2006 9:51:27 AM
From: John Carragher  Read Replies (1) | Respond to of 974
 
08:09 TASR TASER: 4Q05 ahead of expectations; margin expansion continues - Merriman (9.49 )

Merriman says that ever since the resolution of the SEC investigation in mid-December, they have heard increasing evidence from their checks that TASR order/sales trends could start ramping beginning as early as 1Q. From their conversations with the larger domestic police departments throughout 2005, they learned the resolution of the investigation was, for the most part, the only impediment to them placing orders with TASR. They believe they could hear from management first-hand about these positive trends (for the first time in a year) on the 4Q conference call to be held on February 22. Firm says that if the LAPD pilot program proves successful, they estimate an order to equip the entire active LAPD force could be worth more than $8 mln in sales. Firm believes that over the next quarter, they could begin to hear positive announcements or even see orders from one or more major foreign countries: the United Kingdom, France, and Turkey.