Re: [CANSLIM] TASR


From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] TASR
Date: Mon, 22 Apr 2002 20:42:50 -0400

Previous Article (by Author): Re: [CANSLIM] cmx "Tom Worley"
Top of Thread: RE: [CANSLIM] TASR "Hill, Ernie"
Articles sorted by: [Date] [Author] [Subject]


This is a multi-part message in MIME format.

- ------=_NextPart_000_0122_01C1EA3E.4482F6B0
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

TASR is very highly valued right now, lots of expectations already =
priced in based on current forecasts, and lots of expectations that the =
FAA will approve Tasers in cockpits, and earnings and sales will be even =
better than forecast. I have made two buys on it so far in my IRA, plus =
my biggest position in my VR Fund, where it is now up 42%. I bot it for =
my IRA intending at least a 2 year hold, I figure they have the market =
for at least that long before anyone can compete, and likely by then =
they will have a virtual lock on both the law enforcement community, and =
the airline industry. They have had little success marketing to the =
general public, but recently started a new marketing campaign thru gun =
stores which makes sense to me.

With a double in earnings expected this year, and more than a double =
next year, growth is powerful if they don't stumble. But it is also =
currently trading at a trailing PE of 116, that's dangerous in such a =
shaky "M". But didn't stop it today hitting a new high on 3X ADV, =
suggests to me the institutions are coming in on it. And with only 1.2 =
million shares in the float, there are not a lot of shares out there. I =
would expect either a stock split soon, new offering, or management to =
start selling (they own 53% of the issue).

I am comfortable with it for the long haul, may trade it shorter term if =
it gets out of control (in my IRA so can do that).

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley
- ----- Original Message -----=20
From: William King=20
To: canslim@lists.xmission.com=20
Sent: Monday, April 22, 2002 12:46 PM
Subject: [CANSLIM] TASR


Tom Worley,

I just checked my W/L and it looks like one of your wannabees, TASR, is =
breaking out. Given the condition of M, would a CANSLIM investor buy the =
stock?

Bill King

- ------=_NextPart_000_0122_01C1EA3E.4482F6B0
Content-Type: text/html;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2715.400" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial>TASR is very highly valued right now, lots of =
expectations=20
already priced in based on current forecasts, and lots of expectations =
that the=20
FAA will approve Tasers in cockpits, and earnings and sales will be even =
better=20
than forecast. I have made two buys on it so far in my IRA, plus my =
biggest=20
position in my VR Fund, where it is now up 42%. I bot it for my IRA =
intending at=20
least a 2 year hold, I figure they have the market for at least that =
long before=20
anyone can compete, and likely by then they will have a virtual lock on =
both the=20
law enforcement community, and the airline industry. They have had =
little=20
success marketing to the general public, but recently started a new =
marketing=20
campaign thru gun stores which makes sense to me.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>With a double in earnings expected this year, =
and more=20
than a double next year, growth is powerful if they don't stumble. But =
it is=20
also currently trading at a trailing PE of 116, that's dangerous in such =
a shaky=20
"M". But didn't stop it today hitting a new high on 3X ADV, suggests to =
me the=20
institutions are coming in on it. And with only 1.2 million shares in =
the float,=20
there are not a lot of shares out there. I would expect either a stock =
split=20
soon, new offering, or management to start selling (they own 53% of the=20
issue).</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>I am comfortable with it for the long haul, may =
trade it=20
shorter term if it gets out of control (in my IRA so can do =
that).</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV>Tom Worley<BR><A=20
href=3D"mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A><BR>AIM:=20
TexWorley</DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Dwk11@adelphia.net href=3D"mailto:wk11@adelphia.net">William =
King</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
<DIV><B>Sent:</B> Monday, April 22, 2002 12:46 PM</DIV>
<DIV><B>Subject:</B> [CANSLIM] TASR</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>Tom Worley,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>I just checked my W/L and it looks like =
one of your=20
wannabees, TASR, is breaking out. Given the condition of M, would a =
CANSLIM=20
investor buy the stock?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Bill King</FONT></DIV></BODY></HTML>

- ------=_NextPart_000_0122_01C1EA3E.4482F6B0--



- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Previous Article (by Author): Re: [CANSLIM] cmx "Tom Worley"
Top of Thread: RE: [CANSLIM] TASR "Hill, Ernie"
Articles sorted by: [Date] [Author] [Subject]


Go to Jeff Salisbury LWGate Home Page.