Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] TASR
Date: Thu, 9 May 2002 22:05:34 -0400
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primary reason that I can figure is that there was an article on Reuters on Sunday, 12 days ago, indicating FAA approval was expected during last week. That has not happened. Contact with the company indicated they were expecting an FAA decision within 10 days, and that time period has now passed as well. I confirmed they are still expecting FAA decision, but have no assurance of what the decision will be, or when. With so many pilots pressuring for their right to take a firearm into the cockpit, and Boeing saying most planes could survive a few bullet holes, I see little option for FAA to approve non-lethal weapons (NLW) for all cockpits. I think many investors may have bot on spec that FAA approval was imminent, based on the Reuters article, and are now bailing out since it didn't happen. The company had previously disclosed that it was in conversation with a number of airlines that would take no action until after FAA approval, so a number of contracts could follow if, or when, FAA approves NLW in the cockpit. Whether tasers would be specifically approved remains to be seen. As I previously mentioned, I am in it for the long haul (2 years or more), would buy more if I had cash in my IRA. but that's because it is for me a long term core holding. Chart and performance wise, it's looking weak right now. Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message ----- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" <john.cefaloni@us.army.mil> To: <canslim@lists.xmission.com> Sent: Thursday, May 09, 2002 3:54 PM Subject: [CANSLIM] TASR Anyone know why TASR is getting pounded today? Tom, you seem to follow this one - what's going on? Any opinions on whether it is technically "broken"? John C. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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