ALLIED RESEARCH- ALR ... WATCH FOR A BIG MOVE!!! Message Board

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Microcap & Penny Stocks : ALLIED RESEARCH- ALR ... WATCH FOR A BIG MOVE!!!

ALR 50.99

0.0%

Oct 19 5:00 PM EST

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To: TimKP who wrote (226)	9/2/1998 9:41:00 AM
From: stockvalinvestor	of 227

Allied Research: ALR OPERATIONS STRONG ALLIED RESEARCH CORPORATION 8000 TOWERS CRESCENT DRIVE, SUITE 750 VIENNA, VIRGINIA 22182 CONTACT: SUSAN URBANIAK (800)847-5322 HOMEPAGE:WWW.CFONEWS.COM/ALR TICKER: ALR - AMERICAN STOCK EXCH. "FOR IMMEDIATE RELEASE" ALLIED RESEARCH CORPORATION SAYS ITS OPERATIONS REMAIN PROFITABLE AND STRONG VIENNA, Virginia - September 2, 1998 - Allied Research Corporation (ALR:AMEX), said today that it has not suffered any adverse actions which would account for the recent weakness in its stock. A spokesperson for the diversified defense and commercial security firm said that its commercial electronic security operations in Europe report greater than expected revenues and earnings and that its Belgian defense subsidiary will contribute substantial profits for calendar year 1998. Allied Research Corporation is a defense and electronic security firm. Its operating units develop and produce ammunition and weapon systems; supply equipment performance upgrades for defense departments worldwide; and design, produce and market sophisticated electronic security and access control systems. ##########################

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