Base Ten Systems, Shares Recommended On CNBC Program, -- The Squawk Box --.TRENTON, N.J.--(BUSINESS WIRE)--August 28, 1997--Base Ten Systems Inc. (NASDAQ-NMS:BASEA BASEA Boston Area Solar Energy Association ) said today that its stock was recommended on this morning's CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. Cable Network program, "The Squawk Box Squawk Box A speaker and intercom system used on trading desks. A squawk box allows a firm's analysts and traders to communicate with the firm's brokers through speakers on the brokers' desks. " by co-host Eric Elliott, Managing Director of securities firm, Barber & Bronson, Inc. Mr. Elliott said he recommended Base Ten "as a play on the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. mandate that the new drug applications can be filed electronically," and that, "Base Ten is a leader in designing that kind of software." In addition, Mr. Elliott commented that pharmaceutical firms, Abbott and Pfizer "have Base Ten validation sites and other pharmaceutical firms are on the way." Considering all of these factors, Mr. Elliott said, "Base Ten has definite upside potential Upside potential The amount by which analysts or investors expect the price of a security may increase. upside potential The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar ." Base Ten shares traded in higher than normal volume on the news. Base Ten Systems, Inc. is a diversified technology company concentrating on safety critical products in Manufacturing Execution Systems, Medical Imaging Software and Weapons Control Systems. CONTACT: Donald Weinberger/Alan Goldsand Strategic Growth International, Inc. 516/829-7111 |
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