Since we don't have the entire script I am taking a guess here. I assume you are opening the log and reading through each line like so:
open FH, "mylog" etc.... while (<FH>) { do these steps }

If you have the regex you listed in the "do these steps section" then as it is written $to_addr will get assigned the entire line because you have parenthesized that part and set the precedence for the operations. You then run the regex on the line but it never gets assigned to anything again. Try moving the parens so it looks like this:
$to_addr = ($_ =~ rest of stuff);


UPDATE
Oops. Second code section is wrong as DrManhattan pointed out.

In reply to RE: Strange Behavior while Parsing Sendmail logs by flyfishin
in thread Strange Behavior while Parsing Sendmail logs by Russ

Title:
Use:  <p> text here (a paragraph) </p>
and:  <code> code here </code>
to format your post, it's "PerlMonks-approved HTML":



  • Posts are HTML formatted. Put <p> </p> tags around your paragraphs. Put <code> </code> tags around your code and data!
  • Titles consisting of a single word are discouraged, and in most cases are disallowed outright.
  • Read Where should I post X? if you're not absolutely sure you're posting in the right place.
  • Please read these before you post! —
  • Posts may use any of the Perl Monks Approved HTML tags:
    a, abbr, b, big, blockquote, br, caption, center, col, colgroup, dd, del, details, div, dl, dt, em, font, h1, h2, h3, h4, h5, h6, hr, i, ins, li, ol, p, pre, readmore, small, span, spoiler, strike, strong, sub, summary, sup, table, tbody, td, tfoot, th, thead, tr, tt, u, ul, wbr
  • You may need to use entities for some characters, as follows. (Exception: Within code tags, you can put the characters literally.)
            For:     Use:
    & &amp;
    < &lt;
    > &gt;
    [ &#91;
    ] &#93;
  • Link using PerlMonks shortcuts! What shortcuts can I use for linking?
  • See Writeup Formatting Tips and other pages linked from there for more info.