Schaeffer's Street Chatter Highlights the Following Stocks: Bradley Pharmaceutical, Sprint FON Group, and Taser International.

Business Editors

CINCINNATI--(BUSINESS WIRE)--Feb. 3, 2004

Today's "Street Chatter" from Schaeffer's Investment Research focuses on: Bradley Pharmaceutical (NYSE:BDY), Sprint FON Group (NYSE:FON), and Taser International (Nasdaq:TASR). "Street Chatter" is a report that analyzes three stocks that are generating a lot of attention on Internet message boards. "Street Chatter" is published on www.SchaeffersResearch.com - the home of Bernie Schaeffer and Schaeffer's Investment Research. For additional information about this report or to have it delivered to you free via email every day click on the following link: http://www.schaeffersresearch.com/addinfo .

Street Chatter:

1. Bradley Pharmaceutical (NYSE:BDY) said earlier this morning that it expects to meet or exceed its earlier guidance for fiscal-year 2003 earnings per share. The guidance, which was already boosted twice last May and last November, stands at $1.27-$1.33 per share on revenue between $68 million and $72 million. Analysts are currently targeting earnings per share of $1.26 and revenue of $70 million for the year. Despite the company's fundamental success, its stock has been lagging the broader market of late, declining since last fall. The stock has dropped below its 10-week and 20-week moving averages, trendlines that completed a bearish crossover last December. BDY has also breached the 22 level, which had contained pullbacks in November. From a longer-term perspective, the shares closed just beneath their 10-month moving average on Friday. This was the equity's first monthly close beneath this long-term trendline since January 2003. On the options front, Schaeffer's put/call open interest ratio (SOIR) for BDY has been moving lower for the past six weeks after reaching an annual high. The indicator currently stands at 0.65, higher than 72 percent of the past year's worth of data. Amid the sloughing off of pessimism among the options crowd, short sellers have taken an increased interest in BDY shares. The number of shorted BDY stock rose by 10 percent last month to 4.8 million, an annual high. This results in a hefty short-interest ratio of more than seven times the security's average daily volume.

Click the following link to see the Weekly Chart of BDY Since April 2003 With 10-Week and 20-Week Moving Averages: http://www.schaeffersresearch.com/wire?ID=9383 .

2. Sprint FON Group (NYSE:FON) traveled into the earnings confessional this morning to report fourth-quarter results of 39 cents per share, topping Wall Street's estimates by two pennies. Sources close to the telecommunications company also reported that FON is prepared to announce a pact with IBM, wherein Big Blue will sell FON products and services to corporate clients and will also assume the bulk of customer-service work for Sprint's wireless division. FON shares have pressed higher today and are edging back above their 10-day and 20-day moving averages. The stock is also hurdling past the 18 level, which was a site of support for FON in mid-January and could have served as resistance in the short term. Options players have been scurrying around FON over the last few sessions, resulting in a significant change to the stock's SOIR reading. Last Friday, this sentiment indicator hit an annual peak of 2.44. Thanks to some call additions, most notably at the February 17.50 strike, this reading has quickly dropped to 1.52, which stands in the 66th annual percentile. Checking in on another sentiment indicator, the number of FON shares sold short rose 14 percent last month to 23.7 million, a multi-year high. The resultant short-interest ratio comes in at nearly 10 days to cover all of these positions, in the event of a continued rally in the underlying shares.

Click the following link to see the Daily Chart of FON Since December 2003 With 10-Day and 20-Day Moving Averages: http://www.schaeffersresearch.com/wire?ID=9383.

3. Taser International (Nasdaq:TASR) manufactures stun guns. Yesterday evening, the firm reported fourth-quarter earnings of 19 cents per share, handily topping year-ago numbers of just one penny per share. Excluding items, the company earned 56 cents per share, which eclipsed Wall Street's consensus per-share estimate of 35 cents. Fourth-quarter sales at the company reached $10.8 million, up about 285 percent from the previous year and well above analysts' expectations. TASR officials say they expect continued impressive growth, as they have currently tapped only about five percent of the US police-force market. In 2004, the firm expects to double its sales from 2003. The stock's performance is certainly nothing to sneeze at, as the shares have increased their value more than 30-fold over the past 10 months. Today alone, the stock has rallied over 10 percent, reaching a new 52-week high of 154.06. There are currently no options offered on TASR, but short sellers have taken a mild interest, with 1.2 million TASR shares sold short, an all-time high. Wall Street analysts have also neglected the stock to date. According to Zacks, there is only one analyst who follows the equity, and he lists it as a "strong sell."

Click the following link to see the Weekly Chart of TASR Since April 2003 With 10-Week and 20-Week Moving Averages: http://www.schaeffersresearch.com/wire?ID=9383 .

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About Schaeffer's Investment Research (www.SchaeffersResearch.com)

Schaeffer's Investment Research, founded by Bernie Schaeffer in 1981, is a financial information and trading resources company. It publishes Bernie Schaeffer's Option Advisor, the nation's leading options subscription newsletter. The firm's contrarian approach focuses on stocks with technical and fundamental trends that run counter to investor expectations. The firm's website, http://www.SchaeffersResearch.com , is recognized as one of the leading information sources for stock and options traders and was cited as the top options website by both Forbes and Barron's. Click here for more details about Schaeffer's trading methodology: http://www.SchaeffersResearch.com/method .