Wall Street Grand LLC, the leading free online investment newsletter is at again. Wall Street Grand just announced their profile of Conolog Corporation. After weeks of research they announced they found what they believe to be one of the most undervalued and growing companies on Wall Street. CNLG is currently $2.11 with a market cap of only $6.7 MM.
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Just this past week, Conolog Corp started to rally right after they announced breaking news making it the biggest Nasdaq gainer of the day. CNLG ran as high as $2.75 for a gain of 90% in just one day.
Conolog Corp is a provider of digital signal processing and digital security solutions to electric utilities worldwide. The Company designs and manufactures electromagnetic products to the military and provides engineering and design services to a variety of industries, government organizations and public utilities nationwide. The Company’s INIVEN division manufactures a line of digital signal processing systems, including transmitters, receivers and multiplexers. CNLG's design expertise was expanded to commercial applications for even AT&T, Dow Jones and other wire services as well as Utilities and DOTs (Departments of Transportation).
CNLG is a very established company set for major growth and has been around since 1969. Conolog products were incorporated into the military's VRC, PRC and GRC family of radios, the Mark series of torpedoes, Captor Torpedo, and guidance for the Patriot missile. CNLG is working with some of the military's most sophisticated systems.
In 1980 CNLG acquired INIVEN, an electronics manufacturer making FSK (frequency shift keyed) audio communications equipment. Under Conolog, Iniven was expanded to include DSP (Digital Signal Processing) controlled FSK transmission protection communications for electric utilities and other products. Iniven continues to enhance and add to its product line to include the latest technology. Here's a link to CNLG's Income Statement- http://finance.yahoo.com/q/is?s=CNLG&annual Balance Sheet- http://finance.yahoo.com/q/bs?s=CNLG
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Conolog Corp recently announced that it has completed field testing and marketing and production of its “GlowWorm” fiber optic detector that may be used in any fiber optic line or network without the need to cut the cable.
President of Conolog Marc Benou stated, “Our 'GlowWorm' surpassed our expectations in field tests and demonstrated its capabilities in fiber optic networks as well as lines.
“This application of passive detection technology is unique to Conolog and will allow utilities and other customers to quickly determine the source of a fiber optic signal failure.”
Benou concluded, “Conolog products continue to demonstrate the global applications of our products, ease of installation and our commitment to low maintenance and long term security and reliability."
Conolog Corporations latest product, “GlowWorm,” is attracting both main street and wall street investors. Demand for ever-increasing bandwidth drives the fiber optics equipment market, including testing and other communications equipment markets. Since 2002, the cost of laying fiber optics reached parity with the cost of laying copper, increasing demand for the higher bandwidth of fiber optics dramatically worldwide. According to market research reports, houses installed with fiber optics in the United Kingdom, alone, are expected to reach four million by 2013.
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Wall Street Grand's stock profiles are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. Never invest into a stock we discuss unless you are prepared to lose your entire investment. WSG has been compensated $120,000 by the company Conolog Corporation for a one year awareness campaign and may be compensated more in the near future. WSG may or may not trade the stocks mentioned in this alert which can affect the price of the stock. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html
