SOURCE: Wall Street News Alert

January 19, 2006 08:37 ET

Wall Street News Alert: U.S. Hot Stock Highlights! January 19, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- January 19, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Eco Rx Inc. (OTC: ERXX), General Electric (NYSE: GE), Energy Conversion Devices, Inc. (NASDAQ: ENER) and Sears Holdings Corporation (NASDAQ: SHLD).

Once again, Eco Rx Inc. (OTC: ERXX) may be on the screen of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that shortly, it will begin the 510 (k) submission process with the FDA to list its RX 400 as a Class II Device. To expedite this process, the submission will be made using the third party review process.

News of the pending 510 (k) submission should get the attention of investors, as the company states that Certification as a Class II Device provides a number of benefits to Eco-Rx:

It is important to healthcare professionals and decision makers in the institutional market as it lends creditability to our technology and simplifies the approval path for biomedical engineers in hospitals.

It will increase comfort and credibility in consumer and institutional markets that the Rx 400 is being used in hospitals, nursing homes, clinics and physicians offices.

It separates their product from non-certified air purifiers enhancing marketing and sales opportunity.

Certification will be necessary for insurance reimbursement IF their product meets insurance code criteria in the future.

Continue to watch this company! Eco-Rx's president, Paul F. Taccini said that, "FDA certification is an important step for the Company in gaining recognition that its technology is on the leading edge and a significant advance over existing technologies. Few consumer oriented air purification products are FDA certified. I am excited about this development because this will begin to build our credibility in the medical and institutional markets." He further stated that, "The Company is currently working with a number of vendors who have major entree into these markets."

Investors should continue to monitor the progress of Eco Rx! Last week, the company announced that it has achieved full production of its Master Series Rx 400 in China with deliveries commencing in first quarter of 2006. In that press release, the company stated that it believes that by utilizing the economies and quality of Chinese manufacturing, its product can achieve profitability and wide distribution at attractive price points.

Prior to the latest press release, the stock closed yesterday at Thirty-Two cents a share.

For an in-depth profile of Eco Rx, visit

In case you are not familiar with the company: Eco-Rx, Inc. was established with the express purpose of developing proprietary purification technologies. The Company believes that its technology is the only one available, which quickly and safely kills over 99% of airborne germs. Additionally, it neutralizes pollen, mold spores, animal dander, dust mites, etc. An array of commercial and consumer products are planned. Future applications of the technology will include bird and animal breeding operations as well as water and food purification needs. REDEco-Rx's technology is protected by U.S. Utility Patent number 6,939,397. The PTO patent protection process is underway for key Pacific Rim countries and Europe. Additional applications are pending.

Stocks showing interesting activity yesterday at the close of the regular trading day were: General Electric (NYSE: GE) down 0.4% on 20.2 million shares traded, Energy Conversion Devices, Inc. (NASDAQ: ENER) up 8.6% on 4.2 million shares traded and Sears Holdings Corporation (NASDAQ: SHLD) up 0.6% on 1.4 million shares traded.


"Core inflation measured by the CPI, consumer Price Index, fell for December by 0.2%. Core, means leaving out energy and food, is a key measure of inflation and is closely watched by the Fed," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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