Everyone's favorite story stock has settled down and become just another quiet little squirrel looking for a nut.
There was a time when a 12% revenue fall year over year would have sent shares of TASER International
Had everything worked out the way TASER had planned, there would have been a decent-sized surprise today. Several "large international orders" were pushed back from this quarter to some unspecified future period. No matter. TASER has cut its operations down to size and is perfectly capable of keeping its head above water. Operating cash flow was positive to the tune of $4.2 million, and there's $40.6 million of debt-free cash in the coffers.
The big question for prospective TASER investors is, "Will the breakout ever happen?" While TASER may provide a more harmless product than traditional gun makers such as Smith & Wesson
Fellow Fool Rich Duprey warns that you shouldn't expect government orders to "prop TASER up" in the near term, but the stock is still approaching greatness with a four-star CAPS rating. If you're bearish on TASER, you're likely to disapprove of voice over Internet protocol provider Vonage Holdings as well, which makes sense -- we're looking at two examples of long-standing promise unfulfilled.
Would you buy TASER today, and how long would you sit on your shares before moving on to greener pastures? Discuss in the comments below.