A couple of points to respond to Chuck. The reason I said that Taser's
Taser's mission is simple and focused, and its sales problem is that its main product is under fire from a bobblehead press corps that either won't read the medical studies or is incapable of understanding what they mean. This has created an indefinite but short-term sales problem, which has created a major, but also short-term profit problem. Once sales turn around, bottom-line growth will resume. We're not talking about something like an XM Satellite Radio
As for competition: Ha! If Taser is Ford, its would-be competitors aren't GM -- they're sideshow carnies with empty promises. We're talking about penny-stock companies that have proved incapable of scraping together any stun-gun sales, whose insiders and management are jumping ship before any stun-gun success. It turns out it's not so easy to make a stun gun, especially one that actually incapacitates a suspect, vs. just inflicting pain. As for Taser's being a monopoly, the Ma Bell mention is another stank herring. Being alone doesn't make you a monopoly.
No, Chuck, Taser isn't the kind of value you and I normally seek as an investment, but neither is it an overripe prune, ready to fall and rot. It's secure in its niche, down but not out, and I believe that those who buy on the pessimism will be rewarded in the years to come. If you want a Rule Breaker stock with the odds to be a world beater, this is the one.