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To: Pluvia who wrote (7295)3/17/2000 2:25:00 PM
From: dkgross  Read Replies (1) | Respond to of 18222
 
Of course I didn't forget it. I'm actually pretty glad it happened, frankly. Either they'll be proven a scam, or they'll be proven to be legit.

What I do have a problem with is overly letigious plaintiffs that blame everyone else when shit goes wrong, and try to sue. We won't EVEN talk about the DOJ.



To: Pluvia who wrote (7295)3/17/2000 5:58:00 PM
From: StockDung  Read Replies (1) | Respond to of 18222
 
TheTruthseeker Report CON-o-log (CNLG, CNLGW) A warning to our Mom and Pop Investors

Conolog (CNLG, CNLGW)
5 Columbia Road Sommerville, NJ 08876 (908)-722-8081

While looking at the most active after-hours traders in early March, The Truthseeker came across this name, Conolog, which may merit further attention.

Conolog is a tiny company, taken public in 1995 by a tiny firm called IA

Rabinowitz & Co. (See Exhibit 1), which designs and distributes small electronic and electromagnetic components. The company has a history of uneven
sales and earnings (See Exhibit 2).

CNLG stock has done nothing for ages (See Exhibit 3), until suddenly, a barrage of press releases appeared over the past 6 weeks (See Exhibit 4). In this time
the stock has moved from under $1, to a current after-hours price of $8.

This flurry began with an announcement that EPS for the period ending Jan 31 00 would be 4 cents. There was, of course, the obligatory announcement about the
hot area of the moment, fiber optics. However, their "fiber optic" announcement was simply that you could attach a fiber optic connector (a type of plug sold by
countless firms, including Corning, HP, Siemens, AMP, etc) to some of their products.

Today's financials (See Exhibit 5) are very interesting. Here is a company with revenues of 1.5 million for the Q, but inventories of 3.2 million.

They announced earnings of 328k, but 2/3 of that was from taking credit for their prior losses under NJ state tax laws, actual earnings from the business would be 119k, or .02 per share, not the .06 reported, and LESS than the
.04 that they pre announced a few days ago!

Company's largest shareholder is an entity called CLOG LLC (See Exhibit 6), CLOG LLC is actually an individual named Warren Schreiber. Another holder is an entity called "Nybor". Nybor is listed as a consultant to CNLG, and
receives fee income from the company. Nybor is registered to the same address as Warren Schreiber. An SEC Schedule 13 (See Exhibit 7) indicates that Nybor and CLOG are
both, in fact, Warren Schreiber, and that the company has extended the life of an option it granted to CLOG LLC to purchase convertible debt of the company.

According to an older Schedule 13 (See Exhibit 8) the option is to purchase $2 million in debt, convertible to stock at $1 per share, creating an additional 2
million shares of CNLG, which would be a 37% dilution to current shareholders! This Schedule 13 also provides some details on the NASD's actions against Schreiber.

So, just who is Warren Schreiber? Schreiber is an associate of Randolph Pace. Basically, Schreiber is an ex-broker from VTR Capital, who is believed to have secretly controlled chop-stock house Sterling Foster. A Bloomberg News article
from September 1999 describes Schreiber's activities. (See Exhibit 9)

LOOK AT THIS....WARREN SCHREIBER DUMPED LOTS OF CNLG STOCK DURING THE PUMP

--------------------
SCHREIBER WARREN,10% BEN. OWNER,SELLS 895,000 FROM 02/01/00-02/1
3/16/0 2:49 (New York)

FORM 4

SEC - FROM 02/01/00-02/14/00, SCHREIBER WARREN, A BENEFICIAL OWNER
OF MORE THAN 10% OF SECURITY CLASS OF CONOLOG CORP
(TICKER:CNLG) SOLD 895,000 SHARES AT $1.38 - $6.38, BRINGING
HOLDINGS TO 300,000 SHARES.

The Washington Service reports only purchases and sales (both open
market and private) of common stock.

Additional insider trading information is available to qualified
professional investors through our web site (www.washserv.com).
Further information on our services may be obtained by calling
202-778-1380, e-mailing us at info@washserv.com, or by typing WSA<GO>.

Buyer Beware!!

Exibits and report will be available at thetruthseeker.com



To: Pluvia who wrote (7295)3/18/2000 8:59:00 PM
From: Ronald P. Margraf Sr.  Respond to of 18222
 
Hi Steve,

Once again. Well now we want to talk about Class Action suits. Well now I have over 100 individuals that want to file one against you and Anthony. I've told them to wait until we see what the SEC has to say. If we do it will be against PLUVIA SECURITIES INVESTMENTS INVESTIGATIONS/ANTHONY @PACIFIC SECURITIES RESEARCH. After all you will have made millions if it goes to 2.00 and therefore there will be plenty to get from you both.;-)))) Not a serman or a threat, just a thought.;-)))))

Ron



To: Pluvia who wrote (7295)3/19/2000 12:28:00 AM
From: Ronald P. Margraf Sr.  Respond to of 18222
 
Hello Steve,

Still waiting for your response. You are so quick to respond every other time. Need to gather your thoughts. Have I exposed you for what you are? Geeeeee didn't mean too. Tell us what your position was before you exposed the company and what your position is. Did you post that in your news letter/Alert. Tell the thread what and where you stand.
Lets see how honest you are.

Ron

PS/ do I now start on Anthony. Bear Down and the rest of your group???????