All,
I see your point. Thanks again for your help. It worked like a charm. Here is the working script. Any comments? I am still a newbie at this.

; COMMENT: Copies NT Backup log files to specified location, renames them to date of Backup
; ========================================================================
;Break on CLS
; ========================================================================
$server = "@WKSTA" ;Server name
$logdir = "\\$server\backup" ;Share where NTBACKUP log files exist
$logfile = "\\$server\backup\*.log" ;Logfiles
$logdest = "\\ocnfp2\it_share\backups" ;Destination of log files
$buday = "@MDAYNO"
; ========================================================================
;Rename log file
; ========================================================================
select
case exist ($logdir + "\backup01.log")
shell '%comspec% /c ren "$logdir\backup01.log" "$buday @month @year.log"'
case exist ($logdir + "\backup02.log")
shell '%comspec% /c ren "$logdir\backup02.log" "$buday @month @year.log"'
case exist ($logdir + "\backup03.log")
shell '%comspec% /c ren "$logdir\backup03.log" "$buday @month @year.log"'
case exist ($logdir + "\backup04.log")
shell '%comspec% /c ren "$logdir\backup04.log" "$buday @month @year.log"'
case exist ($logdir + "\backup05.log")
shell '%comspec% /c ren "$logdir\backup05.log" "$buday @month @year.log"'
case exist ($logdir + "\backup06.log")
shell '%comspec% /c ren "$logdir\backup06.log" "$buday @month @year.log"'
case exist ($logdir + "\backup07.log")
shell '%comspec% /c ren "$logdir\backup07.log" "$buday @month @year.log"'
case exist ($logdir + "\backup08.log")
shell '%comspec% /c ren "$logdir\backup08.log" "$buday @month @year.log"'
case exist ($logdir + "\backup09.log")
shell '%comspec% /c ren "$logdir\backup09.log" "$buday @month @year.log"'
endselect

sleep 2

copy "$logdir\*.*" "$logdest"

sleep 1

del "$logdir\*.*"

exit