SOURCE: Wall Street News Alert
|
September 24, 2007 08:33 ET
Wall Street News Alert Issues Special Alert on AXTG! September 24, 2007
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.
WESTON, FL--(Marketwire - September 24, 2007) - Wall Street News Alert's "stocks to watch" this
morning are: Axis Technologies Incorporated (PINKSHEETS: AXTG), 3M (NYSE: MMM), Yahoo! Inc. (NASDAQ: YHOO) and Apple Inc. (NASDAQ: AAPL).
Having been listed in an article in the Chicago Sun Times as a nominee for
the 2007 Chicago Innovation Award, Axis Technologies, Inc (PINKSHEETS: AXTG) should have investors monitoring the stock closely. This morning, the
company, which designs, manufactures and markets a proprietary line of
energy-saving and daylight harvesting electronic dimming ballasts for the
commercial lighting industry, issued a press release announcing that that
on September 21, 2007 the company received an initial purchase order from
Rexel Electrical & Datacom who will utilize the Axis Dimming/Daylight
Harvesting (DDH) ballast in an installation at a U.S. Coast Guard Facility.
This could be great news for the company, who also announced last week that
it has received an additional purchase order for its Axis Dimming/Daylight
Harvesting (DDH) ballast for installation in a new addition of the Zorinsky
Federal Building in Omaha, NE! This installation is among a growing trend
for Axis by which the company's energy saving products are being utilized
by various U.S. government agencies to improve efficiency and comply with
energy saving initiatives and mandates. Axis products have recently been
installed in the National Park Service Regional Office and Zorinsky Federal
Building, which houses the Secret Service, the Army Corp of Engineers and
other federal agencies.
Rexel Electrical and Datacom's holding company IESC is the world's number
one distributor of electrical and datacom parts and supplies with a network
of over 1900 branches operating in 27 countries. The Axis products for this
installation were purchased through Rexel and are to be shipped immediately
for use in the Coast Guard facility.
Wall Street News Alert is continuing to place Aggressive Investors on alert
to monitor the progress of Axis Technologies! "Once again our patented
energy saving DDH ballasts have caught the attention of another government
agency and we couldn't be more pleased. It is nice to see that when the
government sets forth energy saving initiatives they lead by example,
installing our Green products in their own facilities," said Jim Erickson,
President of Axis Technologies, Inc. "We are especially pleased to receive
this order for the Coast Guard through a world class organization such as
Rexel," he added.
The stock closed Friday at $1.10 per share.
In case you are not familiar with the company: Axis Technologies Group,
Inc. conducts its business through a wholly owned subsidiary, Axis
Technologies, Inc., a Delaware corporation headquartered in Lincoln,
Nebraska. Axis Technologies, Inc. designs, manufactures and markets a
proprietary line of energy-saving and daylight harvesting electronic
dimming ballasts for the commercial lighting industry. The company's target
market is small to large commercial users of fluorescent lighting including
office buildings, wholesale and retail buildings, hospitals, schools, and
government buildings. In 2002, Underwriters Laboratory (UL) approved Axis
products for sale in both the United States and Canada. The Axis
Dimming/Daylight Harvesting (DDH) ballast is priced competitively and is
the only daylight harvesting ballast system that can be marketed as a
replacement for a standard ballast.
To view all of Wall Street News Alert's special early morning trading
alerts for this morning, visit www.WallStreetNewsAlert.com, where you may
also sign up to receive free email alerts in advance of our press releases
being issued.
3M (NYSE: MMM) up 0.2% on 4.9 million shares traded.
Every day, 3M people find new ways to make amazing things happen. Wherever
they are, whatever they do, the company's customers know they can rely on
3M to help make their lives better. 3M's brands include Scotch, Post-it,
Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti.
Serving customers around the world, the people of 3M use their expertise,
technologies and global strength to lead in major markets including
consumer and office; display and graphics; electronics and
telecommunications; safety, security and protection services; health care;
industrial and transportation.
Yahoo! Inc. (NASDAQ: YHOO) up 3% on 53 million shares traded.
Yahoo! Inc. is a leading global Internet brand and one of the most
trafficked Internet destinations worldwide. Yahoo!'s mission is to connect
people to their passions, their communities and world's knowledge.
Apple Inc. (NASDAQ: AAPL) up 2.7% on 40.6 million shares traded.
Apple ignited the personal computer revolution in the 1970s with the Apple
II and reinvented the personal computer in the 1980s with the Macintosh.
Today, Apple continues to lead the industry in innovation with its
award-winning computers, OS X operating system and iLife and professional
applications.
Market Commentary:
"This week, investors will be looking for signs that inflation is under
control. If prices accelerate, the Federal Reserve may bump rates back up.
The market is also hoping that readings on durable goods demand, the
housing market and consumer spending power will show that the economy isn't
heading for recession," stated Sonja Rudd in Wall Street News Alert's daily
commentary continued at: http://www.WallStreetNewsAlert.com.
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non-affiliated and may hold a significant position in the stock, for
services provided including dissemination of company information in this
release. In 2006 WSCF was compensated a total of Seventy Two Thousand
Dollars for coverage of Axis Technologies, Inc (PINKSHEETS: AXTG), by a
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