TASER International's products protect life, providing advanced Electronic Control Devices (ECDs) for use in the law enforcement, medical, military, correctional, professional security, and personal protection markets. TASER devices use proprietary technology to incapacitate dangerous, combative, or high-risk subjects who pose a risk to law enforcement/correctional officers, innocent citizens, or themselves in a manner that is generally recognized as a safer alternative to other uses of force. TASER technology protects life, and the use of TASER devices dramatically reduces injury rates for law enforcement officers and suspects.
(from company website)
Recent news-the company missed profit estimates,at 52 week lows today
http://www.azcentral.com/arizonarepublic/business/articles/04...
Points from the article
146% increase in profits
sales up 47%
International sales up 64%
Overall, the company added 304 new agencies as customers, bringing the number of agencies using Taser devices worldwide to more than 12,700, CEO Rick Smith said.
Recent cases have been dismissed but risk of losing future cases
remains
Today's drop offers an entry point into a company with good prospects-violence will increase going forward throughout the world as commodity prices increase.The idea is it is easy to steal tangible copper cables unlike CDO/CLO which are nebulous.
A google search for stealing copper yeilded results from places as far flung as California to Zimbabwe.Consumer demand will go up going forward as will law enforcement demand as crime rates rise in countries where people can't shoot without getting away with it.Elsewhere they will just shoot people so I own SMWH and Winchester which will also "prosper" going forward.
One product from TASER
http://www.taser.com/products/military/Pages/M26.aspx
$7.37 (04/25/08)
