DALLAS, Nov. 9, 2004 (PRIMEZONE) -- In light of significant company events, Talking Stocks.com has issued a new report on Taser International (Nasdaq:TASR). Senior Investment Analyst, Jeff Bishop, describes several reasons why investors should consider adding TASER at current levels. In the report, Mr. Bishop writes, "Though short selling is tremendous, we believe this will not inhibit long-term growth. In fact it may very well cause this stock to move higher in the near-term as those short the stock scramble to cover as the price climbs higher. As of this writing, TASR continues to rise well above its 50- and 200-day moving averages, and is just now beginning to rise above its MACD signal line."
Regarding competition and future growth, Mr. Bishop continued, "Catching up to TASER's growth would be difficult for any competitor, and at best would not happen quickly. The company projects it will continue to record triple- to double-digit sales growth through the near term through both existing and new market opportunities. Look for this growth to continue through at least the end of 2005."
The report may be viewed in its entirety by visiting TalkingStocks.com, or by clicking the link below:
http://www.talkingstocks.com/reports/TASR_110904.php
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About TASER International, Inc.
TASER International, Inc. provides advanced non-lethal devices for use in the law enforcement, military, private security and personal defense markets. TASER devices use proprietary technology to safely incapacitate dangerous, combative or high-risk subjects who pose a risk to law enforcement officers, innocent citizens or themselves. TASER technology saves lives every day, and the use of TASER devices dramatically reduces injury rates for police officers and suspects. TASER technology is currently in testing or deployment at over 6,000 law enforcement and correctional agencies in the U.S. and abroad. For more information on TASER life-saving technology, please call TASER International at (480) 444-4000 or visit the website at http://www.TASER.com.
About TalkingStocks.com
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Cautionary Language
Except for historical information contained herein, this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Further, the Company operates in industries where securities values may be volatile and may be influenced by regulatory and other factors beyond the Company's control. Other important factors that the Company believes might cause such differences are discussed in the risk factors detailed in the Company's 10-KSB and its quarterly reports on Form 10-QSB both as filed with the Securities and Exchange Commission, which include the Company's cash flow difficulties, dependence on significant customers, and rapid development of technology, among other risks. In assessing forward-looking statements contained herein, readers are urged to carefully read all cautionary statements contained in the Company's filings with the Securities and Exchange Commission.