TuesdayJul 17, 2007 6:56 pm

HandHeld Entertainment (ZVUE) 260 Raises Shares, Lowers Expectations

Share prices for HandHeld Entertainment (NASDAQ: ZVUE) rose 23 percent today after the company announced the release of its new "value-priced" MP3 video player, the ZVUE 260.According to the announcement, the ZVUE 260 is a "full-featured" personal media player with a built-in speaker and a "sleek and thin design that ships ready to play out of the box." It comes with what the company calls a "starter" 1 GB memory card and memory for six hours of video or approximately 500 MP3 songs. "At under $100, the ZVUE 260 gives digital media consumers access to a high-quality, yet value-priced, [personal…

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TuesdayJul 17, 2007 6:56 pm

Dow Crosses 14,000 Mark as Markets Gain

While the Nasdaq finished up to end the day, the day solely belonged to the Dow Jones, which finished on a record high for the fourth day in a row. The Dow crossed over the 14,000 mark for the first time in history today, crossing over the mark in morning trading and holding steady until the market's close.Many of the markets were able to generate momentum after taking guidance from the Dow, but the S&P 500 slipped at day's end as well to finish slightly down on the day. The positive market was able to produce gains in the lower…

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TuesdayJul 17, 2007 6:56 pm

Able Auctions (AAC) Shares Jump on Q2 Guidance

Ableauctions.com (AMEX: AAC) shares were up 17 percent, to 22 cents, on volume of 1,633,800 yesterday. The movement follows the company's news yesterday morning that it will release its second-quarter results for 2007 during the week of August 13, 2007.Ableauctions.com provides online services and technology to auction houses and retailers around the globe. The technology allows for auctioning services from product listing to real-time online auctioning. In the statement, the high-tech liquidator and online auction facilitator said it expects revenues for the second quarter to increase more than 75 percent from the first quarter of the year. "Revenues from our…

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TuesdayJul 17, 2007 6:56 pm

ERF Wireless (ERFW.OB) Shares Climb 50 Percent

ERF Wireless Inc. (OTCBB: ERFW) shares jumped 31 cents, nearly 50 percent, to 92 cents yesterday, reeling from an early morning announcement regarding its Wireless Internet Service Products (WISP).Today the wireless and broadband provider announced that its subsidiary, ERF Enterprise Network Services, completed a three-year testing and certification process to deliver WISP across a financial institution's BranchNet system as well as its U.S.-BankNet infrastructure. In a statement, John Burns, chairman and CEO of ERF Network Services, said WiNet can generate millions in revenue over the duration of a few years. "A typical WiNet system deployed across a financial institution's encrypted…

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TuesdayJul 17, 2007 6:56 pm

Nighthawk Systems (NIHK.OB) Teams Up with SkyTel

Wireless security product provider Nighthawk Systems (OTCBB: NIHK) share prices bumped up just over 12 percent to 11 cents a share this morning, thanks to the company's recently announced partnership with Bell Industries (AMEX: BI) division SkyTel.According to a statement released by the company earlier this morning, Nighthawk and Skytel have "joined forces" in a mutually beneficial agreement to provide two-way telemetry solutions to customers utilizing SkyTel's Wireless Network. Under this agreement, SkyTel and Nighthawk will bundle each other's services into their own telemetry product and service offerings. This will significantly aid Nighthawk as it markets its own hosted telemetry…

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TuesdayJul 17, 2007 6:56 pm

DeWind (CPTC.OB) Set to Grow In Wind Power Market

The benefits of wind energy are starting to be realized by companies around the world as more wind towers and wind farms are produced. The realization that the cost of wind energy runs about 2.5 cents per kilowatt-hour is astounding. If 25 percent of a consumer's energy were provided by wind energy, it would cost the consumer roughly 5 dollars a month to supply that energy.Wind energy is becoming more cost and energy efficient as the technology and improvements behind wind power grows. The American Wind Energy Association (AWEA) shows that larger wind towers generate more energy and are more…

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TuesdayJul 17, 2007 6:39 pm

Nascent Food Service, Inc. (NCTW.OB) is Poised to Grow Rapidly in the Near Future

Nascent is one of Mexico’s largest distribution, sales, merchandising and promotions company of imported food and beverage products. Its ability to provide a broad selection of foods and beverages has enabled the company to build a strong brand and a loyal customer base. The company has a 5-year exclusive distribution agreement with Miller Beer, in addition to having other exclusive distribution agreements with Avaso Ice Cream, Haagen Daz Ice Cream, Pillsbury, Green Giant, Reed Beverages, Ferraralle Wa­ter and Cabo Chips. The company plans to expand by acquiring many of the smaller food distributors in Mexico. The 25,000 small distributors are…

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TuesdayJul 17, 2007 5:55 pm

CanAm Uranium Corp. (CAUI.OB) Stock Price Rises 18%

CanAm Uranium Corp. (CAUI.OB) makes bullish move in the market as shares rose a sharp 18% today on no news. Opening at a undervalued price of .43, shares price quickly rose to a high off .53, before consolidating the rest of the afternoon. Incorporated in Nevada, CanAm Uranium Corp is a junior resource company with a corporate objective focused on the strategic acquisition and development of exploration properties in well-known prolific mining areas, especially known for Uranium, of Canada, Southern Africa, Australia and the United States. CanAm Uranium Corp. has optioned over 159,000 acres of claims collectively within the Saskatchewan…

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TuesdayJul 17, 2007 5:39 pm

Global Resource Corp. (GRBC.PK) Share price rises 11%

Global Resource Corp. (GBRC.PK) shares advanced 11% to close at $5.10. The share price continues to makes it’s strong bullish move, up over 400% in the last 60 days. Toda’s share increase follows yesterdays news that the company has entered a joint cooperation relationship with Ingersoll Production Systems (IPS). As a Global Resource Corp. partner, IPS will manufacture energy production systems at its Rockford, Illinois assembly plants. This partnership makes IPS the single manufacturing source for all GRC equipment, excluding its microwave components. Global Resource Corp.'s fuel extraction technology unlocks energy, in the form of oil and combustible gas, in…

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TuesdayJul 17, 2007 4:35 pm

Wasserman Morris & Company Initiates Coverage on Modavox, Inc, (MDVX.OB)

Modavox, Inc, (MDVX.OB) announced today that Independent research firm Wasserman Morris & Company has issued a report on the company. Kipley J. Lytel, CFA, an analyst for the firm, initiated coverage of Modavox with a “Speculative Buy” rating. Mr. Lytel is a Senior Partner with Montecito Capital Management, a money management firm, as well as Chief Operating Officer of a publicly traded company focused on taking companies public and staying public with a compliance support platform. Wasserman Morris & Company Ltd. is an independent fee-based research, publishing and distribution firm whose contract analysts adhere to the ethics and standards of…

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