SOURCE: Stock Market Alerts

November 03, 2006 09:30 ET

Emerging Stock Report! November 3, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.

MIAMI, FL--(Marketwire - November 3, 2006) - Stock Market Alerts' performance stock list includes: Southridge Enterprises Inc. (OTCBB: SORD), Symantec Corp (NASDAQ: SYMC), Globalstar Incorporated (NASDAQ: GSAT), Garmin Ltd. (NASDAQ: GRMN).

Stock Market Alerts is continuing its coverage on Southridge Enterprises Inc. (OTCBB: SORD) this morning, as the company has again released news that should have the attention of investors! Yesterday the company, a renewable energy company with a mission to become the ethanol producer of choice in the South-eastern region of the United States, issued a press release announcing that a well-respected firm, TRI-STATE Capital (TSC), has upgraded their equity rating on SORD.

This strong upgrade comes at a time when the company's wholly owned subsidiary Southridge Environmental, Inc. completed the acquisition of an industrial facility plant. This facility will be used for the build out of an ethanol plant. The plant is situated near a rail line on 37 acres and is strategically located in Mississippi's lower portion of the Mid-West corn belt. This location provides the Company inexpensive and abundant access to the corn supply with a direct source to market. According to the press release, management is now preparing for strong revenue growth in 2007 due to location and rising demand of ethanol within the region.

This comes on the heels of an earlier press release issued by the company this week, announcing that Southridge Ethanol Inc. had signed a letter of intent ("LOI") to acquire ethanol plant equipment from South Louisiana Ethanol, LLC. The Company has been advised that the equipment should be operational by June 15, 2007, at the Mississippi plant site. The purchase is expected to close in 15 days, subject to certain conditions, including but not limited to completion of satisfactory due diligence by the Company, the negotiation and completion of a definitive acquisition agreement, approval of the Company and South Louisiana Ethanol LLC boards of directors and other customary conditions.

This is a stock for speculative investors to watch! Recently, Bill Gates, Sir Richard Branson and Wal-Mart have all come to see Ethanol as a future fuel of choice, with Gates and Branson investing, or planning to invest, hundreds of millions of dollars into company's that produce or market Ethanol. Wal-Mart has said that it is considering offering corn-based ethanol at its 383 gas stations throughout the U.S. Company's, such as Southridge Enterprises, that are on a mission to producer the fuel, may become the future "darlings" of investors.

Mr. Alex Smid, President of Southridge Enterprises, Inc. states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This offers further confirmation to our shareholders that our company is headed in the right direction". Mr. Smid further stated, "Our strategic acquisition and location will assist us in becoming the fastest growing ethanol producer in the southern U.S."

Southridge Enterprises stock had closed Thursday at $1.45 a share.

A profile of Southridge Enterprises can be found at:

Southridge Enterprises is a renewable energy company with a mission to become the ethanol producer of choice in the southeastern region of the United States. The Company is focusing its efforts in an area which offers abundant supplies of corn, superior transportation infrastructure and expedited permitting processes. The Company is actively acquiring and developing ethanol production facilities with a planned capacity of 60 million gallons per year and anticipates start-up of the first phase of these operations in 2007. Southridge Enterprises is headquartered in Dallas, Texas.

Other Stocks of interest yesterday were:

Symantec Corp. (NASDAQ: SYMC) up 0.8% on 12.7 million shares traded. Symantec is the world leader in providing solutions to help individuals and enterprises assure the security, availability and integrity of their information.

Globalstar, Inc. (NASDAQ: GSAT) up 3% on 11.5 million shares traded. Globalstar, Inc. is one of the leading providers of mobile satellite voice and data services to businesses and individuals.

Garmin Ltd. (NASDAQ: GRMN) up 3.3% on 8.8 million shares traded. Garmin Ltd. designs, manufactures and markets navigation, communication and information devices, most of which are enabled by GPS technology.

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The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Southridge Enterprises Inc. (OTCBB: SORD). The compensation is fourteen thousand dollars from third party, Equity Alliance International LLC, who may hold a significant position in the stock. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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