Weekly Update, December 28, 2006

• AKDSArkados Group Speculative Buy Rating In Initiating Coverage; Compelling Way To Participate In A Newly Emerging Growth Market: In-Home Networking Over Electric Power Lines.
• AMARAmarillo Biosciences To Start Phase 2 Oral Warts Study; Reiterate Speculative Buy
• AMGIAMGI: Adjusting Our Model To Reflect A Longer Sales Process Than Originally Anticipated At AMG Scientific
• AMGIAmerican Mold Guard Strong Speculative Buy Rating In Update Coverage; Expectation for Continued Market Penetration in the New-Home Construction Market and the Prospects for the New Surface-Treatment Business.
• AMSWAAmerican Software Reports 6% Increase in Revenues For October 2006 Quarter
• APNSApplied NeuroSolutions Viewed as Beneficiary of Increased Interest in Biomarkers
• APNSApplied NeuroSolutions Poised to Participate in Increasing Acceptance of Diagnostic Testing for Alzheimer's Disease; Strong Speculative Buy Rating Reiterated
• BIPHBiophan Technologies, Inc. Releases Results of Animal Study On its MYO-VAD System;Strong Speculative Buy Rating Reiterated
• BLDBaldwin Restructures To Integrate Oxy-Dry Acquisition: Reiterate Buy
• BOGABaseline Acquires Producing Properties; COO Hired
• BOGABaseline Oil & Gas Strong Speculative Buy Rating In Update; Our Bullish Outlook For The U.S. E&P Sector, Coupled With High Expectations For Follow-On Transactions From A Very Experienced And Highly Accomplished Management Team.
• CLRIClearant, Inc. Announces Second Distribution Agreement.
• CLRIClearant, Inc. Signs Distribution Agreement For Northeast.
• CPEUBluePoint Energy, Inc. Announces Additional Projects Under Macy's Master Agreement;Reiterate Strong Speculative Buy and Raising Price Target
• CPEUBluePoint Energy Plans To Eliminate All Debt; Gives Revenue and Earnings Guidance for FY6/30/2007; Reiterate Strong Speculative Buy
• CPEUBluePoint Energy, Inc. and Starwood Hotels Expand Relationship; Strong Speculative Buy Reiterated; Raising Price Target
• CPEUBluePoint Energy, Inc. and Starwood Hotels Expand Relationship;Strong Speculative Buy Reiterated; Raising Price Target
• DXPEDXP Enterprises Stock Volatility Appears Technically-Driven; Reiterate Strong Buy Rating Based on Attractive Fundamentals
• FSINFushi International, Inc. Completes Several Strategic Initiatives to Further Strengthening its Position in the Chinese Bimetallic Market; Strong Speculative Buy Maintained
• GFMEEGeorge Foreman Enterprises Has Been Put On Notice that a Trading Halt May Be Imposed Due to a Late Filing of Its 10Q for the Period Ending September 30, 2006. The Company Has Requested a Stay in the Trading Halt Order Subject to a Hearing.
• GLA.UGlobal Alumina Corporation Strong Speculative Buy Rating In Continuing Coverage; Pre-Revenue Mining Company Whose Sole Focus Is Construction And Operation Of One Of The World's Largest Alumina Refineries
• GPREGreen Plains Renewable Energy Shares Trading at Depressed Levels Despite Rise in Ethanol Prices: Reiterate Strong Speculative Buy Rating
• HYDGHydroGen Corporation: Presentation Highlights 2006 Accomplishments and 2007 Objectives. Speculative Buy Reiterated.
• HYDPHydrogen Power, Inc.: Hydrogen Appears As A Promising Clean Alternative For Powering Automobiles Long-term, But, In Near Term, Limited Refueling Infrastructure A Significant Hurdle. Hydrogen-on-demand Could Be One Solution.
• HYDPHydrogen Power Inc.: Company-Specific and Industry-Related Factors Believed to Contribute to Pullback in Share Price. Neutral Rating Reiterated.
• ICOPICOP Digital Sees 4Q 2006 Revenues Above $2.5 Million
• ICOPICOP Digital Rating Lowered To Neutral; Consider Upgrading The Shares Should Additional Large Orders Be Achieved And Should Several Of The Near-Term Factors We Have Addressed Prove Inconsequential
• IGLDInternet Gold: Meeting With Management; Reiterate Buy
• INKSInksure: Meeting With the Company, Estimates and Rating Under Review
• JYSRJoystar Rating And Price Target Increased By Dutton Associates
• LGTYLogility Reports 17% Increase in Operating Earnings
• MAMMaine & Maritimes Corporation: Update on Regulatory Decision.
• MDWMidway Gold Announces Acquisition
• MNOVMediciNova Strong Speculative Buy Rating In Initiating Coverage; Eight Unique, Differentiated Small Molecules For 10 Different Therapeutic Indications; Well Financed With $117 MM Cash
• MOR.DEMorphoSys AG Speculative Buy Rating After Share Price Rise; A Leader In The Development Of Human Antibodies
• MRYMemry Corporation: S.E.C. Proposal Could Reduce Sarbanes-Oxley Costs Long term; No Anticipated Effect On Fiscal 2007 Spending.
• ONIOragenics Calls In Warrants To Provide Needed Funding; Reiterate Speculative Buy
• OTIVOn-Track Innovations: Company Update; Reiterate Strong Buy
• PLRSPluristem Life Sciences Speculative Buy Rating In Update Coverage; Invited To Present Data At The American Society of Hematology (ASH) on December 10, 2006
• PPDAPipeline Data Rating Maintained At Strong Buy; Spent Three Years Building Itself Into A Significant Player In Credit Card Transaction Processing.
• PTSCPatriot Scientific Announces First European Licensee;Reiterate Strong Speculative Buy
• PTSCPatriot Scientific Announces Additional Licensee;Stock Under Year-End Tax-Selling Pressure
• PVCTProvectus Expands Patent Protection to Europe and Taiwan; Reiterate Strong Speculative Buy
• SESISES Solar Speculative Buy Rating In Update Coverage; Well Positioned To Benefit From Soaring Demand For Solar Energy In Europe And Worldwide
• SHMTShumate Industries Strong Speculative Buy Rating In Update Coverage; Estimates Indicate A 10-Fold Cash-Flow Increase Over The Next Three Years
• SUWNSunwin Stevia International Applauds World Health Organization Findings on Stevia with Evidence Showing Stevia Affects Patients With Hypertension and Type 2 Diabetes; Rating Reduced to Speculative Buy
• SWRISeawright Holdings Rating Speculative Buy In Initiating Coverage; Water Has Become One Of The Biggest Businesses At A Global Level
• TCHC21st Century Strong Buy Rating Maintained; Price Target $35 and Quarterly Dividend Increased 50% to $.18
• TISATop Image Systems: Company Update; Reiterate Buy Rating and Price Target of $5.00.
• TISATop Image Systems Buy Rating And Increased Target Price; Consolidating Position As A Leading Content Capture Player; Particular Strength in High-potential Unstructured Content Capture market.
• TKOTelkonet, Inc. Announces Pending Deployment of its iWire System At Major Airports Beginning in January 2007:Strong Speculative Buy Rating Reiterated and raising price target to $5.00 per share.
• TKOTelkonet, Inc. Installs iWire Systems at Four Utilities;Negotiating with Ten Other Utilities;Strong Speculative Buy Rating Reiterated
• TKOCorrection:Telkonet Maintained At Strong Speculative Buy Rating; Quarterly Results Give Hint of Progress
• TNXITelanetix On Track for December Quarter
• WAVXWave Systems Strong Speculative Buy Rating Reiterated In Update Coverage; Believe All PCs Will Ne Trusted Computers
• WITMWits Basin Precious Minerals Speculative Buy Rating Maintained; Three Projects In Development And Currently In The Process Of Exploring A Merger
• XINGQiao Xing Universal Telephone, Inc. Releases its Income Statement for 3Q and 2Q Balance Sheet data as at June 30, 2006 and Provides an Update on Acquisition; Buy Recommendation Maintains
• AMGIAdjusting Our Model To Reflect A Longer Sales Process Than Originally Anticipated At AMG Scientific