Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] TASR
Date: Wed, 9 Jan 2002 09:39:46 -0500
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Hi Katherine,
TASR is a good example of where my propensity for fundamentals pays off =
when used in combination with CANSLIM. I liked the story of Taser, I =
knew the product (non lethal weapon, electrical). I held off initially =
because their sales were so low, and they were yet to be profitable (one =
of my basic requirements). But after 9/11, when I saw the airlines =
talking to the company (and over 1,000 police departments were already =
testing or using their tasers), I saw the immediate value of their =
product, and the likelihood of FAA approval (expected now later this =
month).=20
United Airlines already contracted with them for about 1,000 units (at =
about $600 each, doesn't sound like much but a big percentage of =
quarterly sales, and they have inventory for immediate delivery, so =
should be in Q4 results. Two other airlines also contracted with them, =
and several others are talking to them, but waiting on FAA approval of =
non-lethal weapons in the cockpit.
Now they also announce that they are introducing a "home consumer" stun =
gun, lower powered than the police version. Opens up another piece of =
the marketing pie. Less than 30 minutes into today's open, it already up =
over 21% on over 4X ADV, I'm smiling.
Tom Worley
stkguru@netside.net
AIM: TexWorley
----- Original Message -----=20
From: Katherine Malm=20
To: canslim@lists.xmission.com=20
Sent: Wednesday, January 09, 2002 9:06 AM
Subject: Re: [CANSLIM] TASR
Nice catch, Tom. It shows the value of knowing the underlying stock =
and catching it on good pullbacks. In your analysis, would it bother you =
that they have several quarters of negative EPS? I also show a forward =
growth rate of -2%. Because of this, a stock like TASR would run below =
my radar. What's your take on forward growth? I suppose if they were =
awarded any substantial contracts, etc., their forward story would be =
different than the current analysis would suggest.
Katherine
----- Original Message -----=20
From: Tom Worley=20
To: canslim@lists.xmission.com=20
Sent: Wednesday, January 09, 2002 7:46 AM
Subject: [CANSLIM] TASR
Taser is currently crossed market in pre-market trading after heavy =
volume and a 13% gain yesterday. Currently trading 16.75, up nearly 15% =
more. Obviously way too extended to buy, but if you were as lucky as me =
to buy more at yesterday's low, looks like a volatile and hopefully nice =
ride today on a likely gap up on the open.
Tom Worley
stkguru@netside.net
AIM: TexWorley
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<DIV><FONT face=3DArial>Hi Katherine,</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>TASR is a good example of where my propensity =
for=20
fundamentals pays off when used in combination with CANSLIM. I liked the =
story=20
of Taser, I knew the product (non lethal weapon, electrical). I held off =
initially because their sales were so low, and they were yet to be =
profitable=20
(one of my basic requirements). But after 9/11, when I saw the airlines =
talking=20
to the company (and over 1,000 police departments were already testing =
or using=20
their tasers), I saw the immediate value of their product, and the =
likelihood of=20
FAA approval (expected now later this month). </FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>United Airlines already contracted with them for =
about=20
1,000 units (at about $600 each, doesn't sound like much but a big =
percentage of=20
quarterly sales, and they have inventory for immediate delivery, so =
should be in=20
Q4 results. Two other airlines also contracted with them, and several =
others are=20
talking to them, but waiting on FAA approval of non-lethal weapons in =
the=20
cockpit.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>Now they also announce that they are introducing =
a "home=20
consumer" stun gun, lower powered than the police version. Opens up =
another=20
piece of the marketing pie. Less than 30 minutes into today's open, it =
already=20
up over 21% on over 4X ADV, I'm smiling.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV>Tom Worley<BR><A=20
href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A><BR>AIM:=20
TexWorley</DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Dkmalm@earthlink.net =
href=3D"mailto:kmalm@earthlink.net">Katherine=20
Malm</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, January 09, =
2002 9:06=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
TASR</DIV>
<DIV><BR></DIV>
<DIV>Nice catch, Tom. It shows the value of knowing the underlying =
stock and=20
catching it on good pullbacks. In your analysis, would it bother you =
that they=20
have several quarters of negative EPS? I also show a forward growth =
rate of=20
-2%. Because of this, a stock like TASR would run below my radar. =
What's your=20
take on forward growth? I suppose if they were awarded any substantial =
contracts, etc., their forward story would be different than the =
current=20
analysis would suggest.</DIV>
<DIV> </DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Dstkguru@netside.net =
href=3D"mailto:stkguru@netside.net">Tom=20
Worley</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, January 09, =
2002 7:46=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] TASR</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial>Taser is currently crossed market in =
pre-market=20
trading after heavy volume and a 13% gain yesterday. Currently =
trading=20
16.75, up nearly 15% more. Obviously way too extended to buy, but if =
you=20
were as lucky as me to buy more at yesterday's low, looks like a =
volatile=20
and hopefully nice ride today on a likely gap up on the =
open.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>Tom Worley<BR><A=20
href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A><BR>AIM:=20
TexWorley</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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Next Article (by Author): Re: [CANSLIM] TASR "Tom Worley"
Previous Article (by Author): Re: [CANSLIM] TASR "Katherine Malm"
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