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Monday, July 09, 2007

Here's what our future looks like

July 09, 2007: 11:30 AM EST

Shockwave Arrives At Annual TASER Conference

"Addressing an audience of several hundred law enforcement and military officers, [Rick] Smith [CEO] explained that when activated, Shockwave units saturate an area with TASER Neuro Muscular Incapacitation (NMI), providing the first area-target system capable of not only denying personnel but also incapacitating persons utilizing reversible non-lethal effects by delivering five seconds of NMI, much like the current TASER X26 electronic control device."

It looks like good news for the Taser manufacturer's stock and that, after all, is what it's all about. Taser advanced today on a sharp increase in volume. The stock traded with uncertainty during the first 90 minutes of the session with a subdued volume level before the climb. At 12:35 pm, shares of Taser traded at a mark of $15.29. This was a gain of $1.23 for the day. The stock rose above near-term resistance.
What the hell is the world coming to?

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