SOURCE: Stock Market Alerts

May 19, 2006 09:15 ET

Friday's Hot Stock List! May 19, 2006

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

MIAMI, FL -- (MARKET WIRE) -- May 19, 2006 -- Stock Market Alert's performance stock list includes: Klegg Electronics, Inc. (OTC: KLGE), Microsoft Corp. (NASDAQ: MSFT), Vitesse Semiconductor Corporation (NASDAQ: VTSS), & Motorola (NYSE: MOT).

Klegg Electronics, Inc. (OTC: KLGE) may be of interest to speculative investors this morning. Yesterday after the stock markets closed, the company issued a press release announcing that it has signed a strategic alliance agreement with UTEK Corporation, an innovative technology transfer company.

This additional news may get the attention of traders. Through its strategic alliance agreements, UTEK assists companies in enhancing their new product pipeline with the acquisition of proprietary intellectual capital from universities and laboratory research centers.

This should be a stock for speculative investors to watch. Dennis Gentles, Chief Executive Officer of Klegg Electronics, Inc., said, "As we advance in becoming a recognized leader in innovative home electronic technology, we are pleased to have formed a strategic alliance with UTEK. We believe this relationship will allow us to accelerate the release of exciting products utilizing cutting-edge technologies. Klegg's engineers and management team are currently reviewing several technologies that could enhance Klegg's current product line."

In a separate press release earlier this week, the company announced that it had an increase of over 260% in gross sales in the first quarter of 2006 in excess of $872,000 (annualized) vs. $240,000 for the entire fiscal year 2005. The increase in sales was driven by the popularity of the Klegg Mini and Klegg's nationwide promotion involving celebrity Paula Abdul, Virgin Mega Stores, and a growing nationwide dealer network. An updated profile of Klegg Electronics can be found at: http://www.wallstreettradingalerts.com/KLGE051806.html

UTEK® is a leading, market-driven technology transfer company that enables companies to rapidly acquire innovative technologies from universities and research laboratories worldwide. UTEK facilitates the identification and then finances the acquisition of external technologies for clients in exchange for their equity securities. This unique process is called U2B®. In addition to its U2B® service, UTEK offers both large and small capitalization companies the tools to search, analyze and manage university intellectual properties. UTEK has operations in the United States, United Kingdom and Israel.

Other Stocks of interest:

Microsoft Corp. (NASDAQ: MSFT) up 0.4% on 95.4 million shares traded.

Microsoft is one of the leaders in software, services and solutions that help people and businesses realize their full potential.

Vitesse Semiconductor Corporation (NASDAQ: VTSS) up 13.5% on 25.9 million shares traded. Vitesse designs, develops and markets a diverse portfolio of high-performance, cost-competitive semiconductor solutions for communications and storage networks worldwide.

Motorola (NYSE: MOT) down 2.5% on 16.4 million shares traded.

Motorola is known for innovation and leadership in wireless and broadband communications.

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 Klegg Electronics, Inc. (OTC: KLGE). The compensation is thirty thousand dollars from third party, CLX & Associates Inc. 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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