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Technology Stocks : Microlog(MLOG): Ready to Move?! -- Ignore unavailable to you. Want to Upgrade?


To: ChrisJP who wrote (377)1/27/1998 8:25:00 AM
From: Mike Woelfer  Respond to of 595
 
Following news looks like a possitive move:

Tuesday January 27, 7:28 am Eastern Time
Company Press Release
SOURCE: Microlog Corporation
MICROLOG Elects David Levi as a New Director
GERMANTOWN, Md., Jan. 27 /PRNewswire/ -- MICROLOG CORPORATION (Nasdaq: MLOG - news) today announced that David Levi has been unanimously elected a director a the Company by its Board of Directors.

Mr. Levi has extensive experience in the high-tech arena, recently retiring as Voice Control Systems' Chief Operating Officer. While President of Voice Processing Corporation, he negotiated the merger with Voice Control Systems. Prior to this, Mr. Levi spent four years with Natural MicroSystems, where as CEO, he managed a successful initial public offering and sustained growth of 50% per year. Additionally, he has been CEO or COO at Raytheon Data Systems, Centronics Data Computer Corporation, and Raster Technologies. Mr. Levi has an extensive background and experience with the Regional Bell Operating Companies, where he has consulted for BellSouth, Ameritech, and Southwestern Bell. He is also a member of the Board of Directors with Picturetel, AmPro, and Lanyon, Ltd.

''David Levi is a most welcomed addition to the Microlog Board of Directors,'' said Microlog's President and CEO, Richard A. Thompson. ''Mr. Levi's operating experience and knowledge of our industry, not to mention his talent for growing businesses is viewed very positivity by Microlog. His credentials are impeccable and his hands-on approach is an inspiration to all of us on the Board.''

Headquartered in Germantown, Maryland, Microlog Corporation designs develops, markets, and supports a complete family of interactive communications systems and application solutions that improve customer service and increase productivity, while reducing costs. The Company's products find wide application in retail, government, health care, utility, media/entertainment, transportation, and many other markets, with over 14,500 installations worldwide. Microlog's interactive communications products are sold through its direct sales force as well as through distributors, original equipment manufacturers and value-added resellers. Microlog is certified ISO 900l, meeting the highest international standard for quality assurance. For more information please visit the Microlog home page on the World Wide Web at mlog.com .

SOURCE: Microlog Corporation



To: ChrisJP who wrote (377)1/27/1998 5:55:00 PM
From: prgraphics  Read Replies (1) | Respond to of 595
 
Sorry Chris,

I thought you stated that you were in at an average at 8.6
My mistake. I can't figure out why this is trading at this
price. They still have another "Carry-Forward" and are making
money!!? I'm all over this one. If there is something my research
has not discovered please let me know. I'm in a very busy period
right now (Selling and Buying property along with everything else
)so I havn't had time to read all the posts.

In any case this is a good a -10 play that I can see.

Gary R.