Digital Ally Inc. (DGLY)

[MikeDDKing]

I sold my remaining shares on the news. In the last few days of 2008 I started selling because I was concerned that Q4 would be a disappointement.

Q4 is a disappointment from a revenue point of view. It is both a sequential and YOY decline.

The statement you quoted is hard to read. There could be a Q4 loss but I'm not sure. Here is a link to the Q4'07 report:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=26986736

The good news for DGLY is that they have a potential buyout. I wonder a bit whether taking a salary cut is an indication that things are not in such good shape. If they hit their guidance things will be quite good. Since they have been missing their guidance I'm not sure how much to trust it. I will cut them some slack since these are unprecedented times.

I may buy back in after Q1 results come out as that could cause a selloff. That of course presumes that they still exist as a public entity.

Mike