Digital Ally Inc. (DGLY)

[two-bit sage]

In the conference call, they project a doubling of revenue for 2008 of $40 million. They said their $40 million revenue projection is a conservative figure and only considers their current products (e.g., in-car video and flashlight). It does not include any revenue from future products such as the motorcycle, bus, or military applications which they plan to roll out this year with some of these starting in the second quarter. They also say the revenue for the 1st quarter of 2008 will exceed this past quarter even though they completed delivery of the $5 million international order. They say the slow down in the economy is not affecting their sales at all.