Taser’s Shockwave technology
Taser International (NASDAQ: TASR) shares have been sliding over the last few weeks, trading intraday recently as low as $5.80 per share. With First quarter 2010 results coming into focus, there are many financial questions which need answering. Will the company show it has exercised some restraint in R&D costs? Have there been any significant developments regarding the new Protector line or with AXON or Evidence.com, other than a small police force purchase for which there was a press release recently as seen here: http://phx.corporate-ir.net/phoenix.zhtml?c=129937&p=RssLanding&cat=news&id=1399854
Certainly the company has lots of work to do in becoming more aggressive with the Protector software they have developed, which allows parents to monitor their children’s phone habits and ensure they are not victimized by predators via phone or text. There has been far too little news regarding this particular part of the company puzzle. The hope is that this particular technology will begin providing significant revenue from retail purchasers of the application, however, that will require some forward looking partnerships…..perhaps with AT&T and Verizon, and the sooner the better for both the company and for parents.
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