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Microcap & Penny Stocks : Conolog Cp -- Ignore unavailable to you. Want to Upgrade?


To: Jamey who wrote (264)7/28/2000 11:38:29 AM
From: StockDung  Read Replies (1) | Respond to of 428
 
CONologers, TheTruthseeker is filling up the moron bus.ALL ABOARD!!

CNLG - CONOLOG CORP
Exchange: Nasdaq SC
Delay: at least 15 minutes
Last Price: 1 7/32 at 11:21 EDT
Change: Down 3/32 (-7.14%)
High: 1 11/32 at 9:31 EDT
Low: 1 1/8 at 10:58 EDT
Open: 1 11/32
Previous Close: 1 5/16 on 7/27
Volume: 44,700
30-Day Avg. Volume: 63,000
Shares Outstanding: 6,931,000
Market Cap.: 8,447,156
52-Week High: 7 1/2
52-Week Low: 0.37
EPS: -0.19
Currency Units: US Dollar

Confirm all data with your broker or financial advisor before trading.

Data by: S&P ComStock



To: Jamey who wrote (264)8/8/2000 8:52:59 AM
From: Mike E.  Read Replies (4) | Respond to of 428
 
(BSNS WIRE) Conolog Board Announces Repurchase Program to Acquire Up to 1 M
Conolog Board Announces Repurchase Program to Acquire Up to 1 Million of Its
Outstanding Shares


Business/Technology Editors

SOMERVILLE, N.J.--(BUSINESS WIRE)--Aug. 8, 2000--Conolog
Corporation (NASDAQ: CNLG, CNLGW) announced today that its Board of
Directors has initiated a share buyback program to purchase up to one
million of its outstanding shares over 18 months in the open market.
The decision to initiate the repurchase program was reached after
careful analysis of the Company's current share price, corporate
strategy and the Company's growth objectives.
Robert Benou, Conolog's president, commented, "Over the past
fiscal year, we have experienced tremendous growth in our corporate
structure, capabilities, and potential for profitability, that we
believe is not accurately reflected in current market conditions. Our
aggressive acquisition strategy, combined with our continued
commitment to product innovation, has provided us with the opportunity
to introduce Conolog to an ever-increasing customer base. As
previously announced we will continue to fund our acquisition program
and R&D efforts for the purpose of building long-term shareholder
value."
Conolog Corporation provides engineering and design services,
technical personnel placement, and computer maintenance services. The
Company's INIVEN division manufactures a line of digital signal
processing systems, including transmitters, receivers and
multiplexers.

Forward-looking statements in this release are made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such forward-looking
statements involve risks and uncertainties, including, without
limitation, continued acceptance of the Company's products, increased
levels of competition, new products introduced by competitors, and
other risks detailed from time to time in the Company's periodic
reports filed with the Securities and Exchange Commission.

--30--jb/bos*

CONTACT: National Financial Network
Geoffrey Eiten, Investor Relations
(781) 444-6100 ext. 13
(877) 385-0977
or
Conolog Corporation
Robert Benou, President
(908) 722-8081

KEYWORD: NEW JERSEY
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS E-COMMERCE HARDWARE
SOFTWARE TELECOMMUNICATIONS

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