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Re: Zeev Hed post# 225932

Thursday, 04/01/2004 12:06:38 PM

Thursday, April 01, 2004 12:06:38 PM

Post# of 704041
Some comments on TASR fron my guy..
[TASR] Taser International, Inc. ($84.820): Well, just another day and another 4-5 pt rally for shares of TASR. The stock is now at the top of the 10-week trading band and has met the price objective of $83. This doesn't mean the stock can't go higher, but it does suggest that it's an unwarranted by at this point with the probability being some consolidation or a pullback from here. So those who bought on the bullish triangle recommendation much lower should think about trimming or selling some calls at these prices. All technicals are still positive, the stock is just quite overbought in the near-term after this rally.

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