Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: If only I'd held who wrote (79105)	2/25/2000 12:24:00 PM
From: Frederick Langford	Read Replies (1) \| Respond to of 108040

How about this for under $5? CNLG Conolog Corporation Announces Second Quarter Results Business/Technology Editors SOMERVILLE, N.J.--(BUSINESS WIRE)--Feb. 10, 2000-- -- Shows 300% Increase over Same Period in FY99 -- Conolog Corporation (NASDAQ: CNLG, CNLGW), an engineering and design company that provides digital signal processing solutions (DSP), reported total revenues of $1,767,824 for the second quarter ended January 31, 2000, compared to $589,328 for the same period last year, an increase of $1,178,496 or approximately 300%. The Company reported a total net income for the period of $328,743 or $0.06 per share versus a net loss of $510,338 ($0.12 per share) for the second quarter of fiscal 1999. For the first six months of fiscal 2000, net sales increased 255% to $2,319,951, compared to $908,677 for the same period last year. Net loss for the first six months of fiscal 2000 totaled $71,350 ($0.2 per share) compared to a net loss of $229,831 ($0.05 per share) last year. Conolog's President, Robert Benou, stated, "The second quarter results are ahead of projections and reflect the Company's year 2000 turn-around. This improvement was largely due to the rapid growth in all areas of our business as well as the receipt of $210,887 from the sale of New Jersey State losses. Our goal is to accelerate this year's growth and increase the revenues projected in our press release of January 31, 2000." Conolog Corporation is an engineering and design company primarily engaged in providing engineering and technical personnel, and manufacturing a line of digital signal processing systems (DSP), including transmitters, receivers and multiplexers, under the INIVEN trade name.

To: If only I'd held who wrote (79105)	2/25/2000 12:27:00 PM
From: Lone Star	Respond to of 108040

Iffy, good points. My perspective was a non-trading one for ELON. I believe it is rare to find a ground floor entry into a huge 20-30 bagger, a company that could easily be a 50B market cap in not so many years.