SOURCE: Stock Market Alerts

October 16, 2007 10:29 ET

Tuesday's Hot Stock List: AXTG! October 16, 2007

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

MIAMI, FL--(Marketwire - October 16, 2007) - Stock Market Alert`s performance stock list includes: Axis Technologies, Inc (PINKSHEETS: AXTG), Biogen Idec Incorporated (NASDAQ: BIIB), SiRF Technology Holdings, Inc. (NASDAQ: SIRF), National Oilwell Varco, Inc. (NYSE: NOV).

Axis Technologies Group, Inc. (PINKSHEETS: AXTG) is on a roll, and has been issuing a string of positive news that should have investors monitoring the stock closely! Yesterday after the markets closed, the company, who's patented energy-saving and daylight harvesting electronic dimming ballasts is continuing to gain widespread acceptance, issued a press release announcing that the recent installation of its Green technology products at the Lincoln Electric System Administration Building was to be featured on Omaha NBC news affiliate WOWT's Channel 6 evening news starting at 5:00PM central time. The news story will also be available on WOWT's website at starting Tuesday, October 16th.

This more good news for AXTG. "Once again, we are thrilled that our products are finally getting the attention they deserve!" said Jim Erickson, President of Axis. "The continual press coverage we have been receiving from both television networks and other publications has allowed us to build a tremendous sales team nationwide and sales are up as a result," added Erickson.

Yesterday, another press release was issued announcing that the company's proprietary Dimming/Daylight Harvesting (DDH) Ballast has met all necessary requirements and is now included with other energy-saving products in a green energy rebate program offered by New York State Energy Research and Development Authority (NYSERDA) valued at $37 million.

That press release states that NYSERDA's current five-year operating plan includes a total of $436.3 million in energy reduction incentives. One such program titled the Permanent Demand Reduction Program includes rebates for certain products that reduce electrical demand during summer weekday afternoons.

Continue to watch this company who also announced last week that it has received the first of an expected steady flow of orders to meet Energy Innovation Group's projected requirements through the balance of 2007. The press release stated the initial order, in excess of $55,000, from Energy Innovation Group, LLC (EIG) (, headquartered in Culver City, CA, is to support imminent projects by EIG in the retrofit market in California for the Axis Dimming/Daylight Harvesting (DDH) fluorescent ballasts.

The company's stock closed at $1.36 a share

Axis Technologies Group, Inc. has developed an innovative new ballast, an electronic component that regulates voltage in fluorescent lighting, that focuses on expanding daylight harvesting into mainstream fluorescent lighting applications. The patented Axis Dimming/Daylight Harvesting Ballast is a new technology that transforms the ballast, a once standard lighting industry staple, into a dynamic energy-saving system that can reduce lighting energy costs by up to 70%. The Axis DDH Ballast utilizes an individual photo sensor to automatically adjust the amount of electrical current flowing to the light fixture, and then dims or increases lighting in conjunction with the amount of available sunlight that may be harvested from available windows and sunlight. The Axis DDH Ballast avoids "over-lit" conditions that increase energy costs by keeping lighting "tuned" to the desired level in a designated area.

Other Stocks of interest yesterday were:

Biogen Idec Inc. (NASDAQ: BIIB) up 18.8% on 30.6 million shares traded.

Biogen Idec creates new standards of care in therapeutic areas with high unmet medical needs. Founded in 1978, Biogen Idec is a global leader in the discovery, development, manufacturing, and commercialization of innovative therapies.

SiRF Technology Holdings, Inc. (NASDAQ: SIRF) up 5.6% on 4.2 million shares traded.

SiRF Technology Holdings, Inc. develops and markets semiconductor and software products that are designed to enable location-awareness utilizing GPS and other location technologies, enhanced by wireless connectivity capabilities such as Bluetooth, for high-volume mobile consumer devices and commercial applications. SiRF's technology has been integrated into mobile consumer devices, such as automobile navigation systems, mobile phones, PDAs, GPS-based peripherals and handheld GPS navigation devices, and into commercial applications, such as location servers, asset tracking devices and fleet management systems.

National Oilwell Varco, Inc. (NYSE: NOV) up 1.1% on 4.5 million shares traded.

National Oilwell Varco is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling and production operations, the provision of oilfield services, and supply chain integration services to the upstream oil and gas industry.

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 Axis Technologies, Inc (PINKSHEETS: AXTG). The compensation was twelve thousand dollars, from third party, Neapolitan Financial Services, who may hold a significant position in the stock. The company also was compensated sixty four thousand dollars in 2006 and forty two thousand dollars in 2007, all from third party, ATN Enterprises 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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