CNLG @ 5.25 ...Target: $8 to $10 within 5-7 days.
They had a run last week and released more good news tonight. The rumor is that this is just one of more news to come next week. Company has no debt and is increasing revenue by a 300% rate.
Company Profile:
Conolog makes small electronic and electromagnetic products used for microwave, radio, and telephone transmissions by military, industrial, and utilities customers. Electric utilities companies use Conolog's products (sold under the INIVEN brand) to transmit high-volume data, and monitor and automatically shut down transmission lines when problems occur. Utilities companies and airports use its remote control transmitters ....
February 17, 2000 15:05
Conolog Adds China, Asia, South Pacific to Canadian Marketing & Distribution Agreements for Its DSP Products; Estimates $1.0 - $3.0 Million in Added Annual Revenues
SOMERVILLE, N.J.--(BUSINESS WIRE)--Feb. 17, 2000--Conolog Corporation (NASDAQ:CNLG, CNLGW), an engineering and design company that provides digital signal processing solutions (DSP), announced today a new marketing and distribution agreement to expand its business reach worldwide.
The Company appointed RNK International, Inc. to market and distribute the Company's INIVEN product lines, including the PTR1000 and PTR1500, to electric utilities in China, Asia and the South Pacific. RNK, which specializes in utilities and other markets for electronic components, has branch offices throughout these territories.
February 09, 2000
10:22AM ET - (CNLGW) Conolog Introduces Fiber Optic PTR 1500 Quad System for U.S. and Canadian Electric Utilities (Comtex)
SOMERVILLE, N.J., Feb 9, 2000 (BUSINESS WIRE) -- Conolog Corporation (NASDAQ:CNLG, CNLGW), an engineering and design company providing digital signal processing solutions (DSP), today announced the introduction of a fiber optic protection relaying terminal (PTR) system for high voltage transmission lines.
Do your own DD :)...as always !!!
Good luck
Mr-Tom |
