SITE NEWS

New IceMD Recording: Air Pollution and Blood Clots;

Hidden Treasure News:

NNRF Announces Installation of FEECOM/BIECOM in Central European Nuclear Facility

BERLIN, Sept. 20, 2007 (PRIME NEWSWIRE) -- NNRF, Inc. (NNRI) today announced that responding to the European Union's revolutionary requirement that all users of lead bring toxic emission down to zero by 2010, NNRF, a developer of proprietary shielding materials for nuclear and medical facilities, introduced FEECOM/BIECOM to a select group of technical personnel of a major European supplier and operator of nuclear facilities, E.ON. (http://www.eon.com/).

Also in attendance was the German technical survey organization TUV NORD (TUV). http://www.ensys-hannover.de/english/1202.asp TUV is involved in the nuclear licensing and surveillance processes of various nuclear facilities on behalf of the regulator. They document the safety and quality of new and existing products, systems and service the spectrum of nuclear facilities. This spectrum of services extends from nuclear power plants, fuel manufacture plants, accelerators to storage facilities for spent fuel and radioactive waste. Further, they are engaged by the relevant federal authorities for safety assessment and inspections of transportation and storage both of spent fuel and radioactive waste.

ADVERTISEMENT NNRF successfully concluded the seminar for E.ON and TUV in Hannover, Germany together with its strategic scientific partner for the development of FEECOM/BIECOM, the Fachhochschule Hannover. This seminar was organized for Plant and Technical Services mangers and other personnel of E.ON. E.ON, based in Duesseldorf, Germany, is one of the world's leading energy companies. The purpose of the seminar was to acquaint the technical and management personnel from E.ON and TUV on the potential future installations of NNRF's proprietary shielding materials, FEECOM/BIECOM. The seminar also included applications for shielding and disposal techniques for specific decommissioning projects both existing and planned over the next 20 years.

> From this seminar NNRF expects to get a technical request from E.ON for an installation of the first production run of its composite shielding materials in a nuclear facility in Central Europe within the next 30 days and to make the effective permanent installations in the 4th quarter 2007 and the 1st quarter 2008.

> From the period April to September, 2007, FEECOM/BIECOM materials have been extensively tested and multiple applications have been developed at Fachhochschule Hannover. These tests confirmed such characteristics and parameters as toxicity, flexibility, thermal characteristics, disposal following use, and corrosion resistance.

As a result, a new family of materials was designed for different applications. It is now possible to calculate all components of the application prior to commencement of production in accordance with the requirements of each specific customer installation. During these studies mechanical properties were also confirmed. This allows NNRF to offer a broad range of products. A test report of FEECOM/BIECOM is available at http://www.nnrf.com.

For X-ray protection in medical and dental applications a newly developed shielding material to substitute for lead was created with the assistance of the Fachhochschule Hannover. This newly developed application for Hospitals, X-Ray facilities in Doctor's and Dentists's offices can now be substituted for all lead shielding applications that are used daily in these facilities.

Fachhochschule Hannover and NNRF intend to commence the installation of an initial production facility in the upcoming months in Hannover. An engineering study is to be immediately undertaken jointly by NNRF and the Fachhochschule for the construction of the production facility. Equipment for this facility has been ordered and paid for.

Fachhochschule Hannover will support all scientific quality controls. This manufacturing facility will also undertake the completion of the final specifications for production of FEECOM and BIECOM for various applications to be used at the Northern Dimension Environmental Partnership (``NDEP'') projects in Northwestern Russia (http://ec.europa.eu/external_relations/north_dim/).

NNRF has been chosen by the project management team of the NDEP and ICES -the Moscow based International Center of Ecological Security - as one of the sub-contractors in this US$4 Billion G-8 funded project. NNRF shielding and disposal technologies for these G-8 funded projects are currently undergoing final engineering at the Russian engineering agency charged with the responsibility of specification of the required materials for these projects.

Professor Schewe, head of the department of the Fachhochschule Hannover stated, ``The scientific work conducted over the last several months with these new proprietary materials was a challenge. We are active now with marketing to joint industrial partners to develop further specifications and applications.''

Dr. Engelmann, head of shielding technologies for NNRF and the inventor of FEECOM/BIECOM stated further, ``NNRF anticipates implementing the first installation of FEECOM/BIECOM at a radio-nuclear medical center in Southern Germany in the fourth quarter.'' Dr. Engelmann added, ``NNRF has entered into active promotion of our shielding materials in Europe to multiple market segments, including nuclear power plant facilities and medical facilities. Further, the European law (directive of the European commission 3099) obligates all users of lead to bring the toxic emissions down to ''zero`` by 2010 (see also Germany: TRGS 505, ''Technical rules for hazardous materials`` (http://www.baua.de). We believe that FEECOM/BIECOM will play a decisive role in serving as an ecologically friendly substitute of lead in global markets.''

Contact: NNRF, Inc. Shareholder Relations (818) 610-2028

   Dow Stock News

Reuters writes that the UAW and GM (GM) will begin bargaining again on Friday.

   Ice Man Stocks

Breakouts the Ice Man may consider trading:

WDC - 24
BWTR - 13.20
LWAY - 17.75
PWRD - 30

UPL - 57
FRPT - 17.55
STP - 39.25
CNO - 15

ERIC - 36.25 Gap

EEE - 5.01 Bid
CRGN - 1.57
CPSL - 4.40
VIMC - 5
GRRF - 8.30
FFHL - 7.80

   Media Commentators

Cramer's Comments:

   Ice Cold Commentators

Break Man Video Summary:

Break out buy (or short sell) watch list for short term gains September 21 includes: SNUS, TMR, MECA, XOHO, IDIX, WLM, GNVC, GFI, AUY, GSS.

Several candidates for break out or short sell  plays for at least short term gains by buying the break out (or selling the break down) on good volume and closing at least some on the  first day.

Swing Man Market Recap:

The market opened lower Thursday morning and was not able to make any headway into positive territory. After a pullback this morning to SPX 1523, the market tried to make it through the 1530 pivot again but failed. The market then pulled back from today's 1529 high to hit 1516 by about 3:00. A small rally then occurred into the close. At the close the SPX/DOW were -0.50%, and the NDX/NAZ were -0.45%.

Truthfully, there is nothing wrong with some selling when it's necessary, Simply put, some selling is necessary because the markets got so drastically overbought on the oscillators.  The 60 minute charts (near term charts) moved up to register extreme readings after this recent price surge. Stochastic's got to 100 or the highest level possible after the big up move courtesy of the fed. This occurred on all the major indexes. On top of that, we got to maximum levels on the Macd's thus the market had little room to continue its advance without some selling.  The game is all about risk reward and when you get so extremely overbought on the near term charts you have to respect it and let things unwind.  It's much lower risk to buy a light volume pullback near support than to chase a huge move that has already occurred.

The Sp has a new floor of support to work with here at 1490 and thus any weakness should be used to accumulate positions. If for some reason we were to lose 1490 on big volume we would adjust but for now that's not happening at this time so you have to play the message of the market. The message continues to be we're in good shape after the confirming volume breakout over 1490 on Tuesday. Breadth trends continue overall quite good lately. Breadth wasn't great today but that's normal when you're so overbought. It's not nearly as bad on the down side as the moves lately to the up side. It didn't hurt to see the bears flying in to buy puts either as the put call ratio was basically over 1.0 all day - a theme that has been in place now for over a year.

The one downer for the bulls is the price of oil which is just exploding upward and that needs to be followed. It's getting ugly for the economy from an inflation standpoint although the price of gasoline is much lower now than when oil was much lower. That's the good news but you wonder how long that will last if this price explosion keeps on rocking. There's no denying that the commodity sector is acting the best right here as a result of the weakening dollar.

Bottom line is that the markets remain healthy and the message says to buy weakness but only when things are appropriate. However, please remember that until we can take out the old SP highs at 1556 we are not on a 100% in the clear situation. A move over that level that sticks with big volume will be the super all clear signal for much higher prices to come. We are in a bull market for sure but at some point we'll have to take out 1556 to really explode up and out.  Take things one day at a time a look for sectors or stocks near support for best entries.

Lastly, take a look at the monthly SP 500 chart that shows where we are in the big picture.  As you will see in the chart, we are now in the process of forming a handle off the cup that was formed between the highs in 2000 and July of 2007.  The blue box on the chart tells the story quite well.

Good Trading.

   CNBC Fast Money Review

1. OIL ABOVE $83

  The headline: Crude Jumps to $83.32, 4th Record Close in a Row, on Gulf Production Shutdown
  Oil´s push upward is just reinforcing Karen Finerman´s position in COP, which she expects to have “massive earnings.’
  Najarian notes that XOM, COP, and CVX were up a combined 15 cents Thursday, even with oil hitting a record. That indicates to him that oil service stocks like BHI, HAL and SLB are better trades, even as they hit 52-week highs across the board in the sector.
  
2. THE PC

  With emerging markets ordering notebook computers, Morgan Stanley raising its 2007 PC growth forecast 4%, and the major PC makers were all up more than 5% in a month – has the PC become a cornerstone of the digital revolution?
  Jim Goldman said the report from Morgan Stanley was just what the tech industry was looking for. It will be great news for companies like DELL, HPQ and AAPL. He also said higher global demand will also benefit INTC and AMD because they make the processors used in most PCs. China and India are the future of this industry and the fact that they are increasing their demand for PCs means “great things’ for the industry.
  
3. WALL STREET IN THE MIDDLE EAST

  Dubai has taken steps toward becoming a global financial powerhouse, buying 20% stakes in the NASDAQ and London Stock Exchange as higher oil has given the Gulf state even more money to invest. But why are exchanges so attractive to Middle East investors?
  Macke thinks Investors in Dubai, Qatar and Abu Dhabi have over $1.5 trillion to invest, and they are very ambitious. Jeff Macke thinks a good way to “trade Dubai’ is to get ahead of “trophy assets’ like TIF, which is the type of company these investors would be interested in aside from their obvious attention to the exchanges.
  Finerman said if these countries are so infatuated with exchanges, then the average investor should be, too. She thinks the NDAQ, NMX, NYSE and NYX are all “good to own.’
  Adami would play this Middle Eastern trade with infrastructure companies like FLR and MDR.
  
4. GOOD AS GOLDMAN

  The headline: GS Reports 79% Profit Surge, Record Revenue
  Adami said Goldman is simply a head above its peers.
  Finerman says the quarter wasn´t technically the best ever, as she had predicted, and GS is a “quality outfit.’
  
5. THE WORLD WILL NOT BE ON TIME

  The headline: FDX Profit Rises 4% But Stock Slides on Lower Earnings Outlook.
  Adami prefers UPS to FDX, but FDX is pulling back close to the point where it´s worth owning.
  Macke said the bottom line is, you don´t want to own stocks “where the company leads with an excuse about the economy,’ which is what FedEx did. He thinks the company has internal problems.
  
6. POPS AND DROPS

  CCL popped 3%: Adami doesn´t know what to say.
  MOT popped 3%: Macke says the stock is a sell.
  ATHN popped 99%: Najarian is impressed.
  MPWR popped 15%: Najarian calls it a big day for this stock.
  CKR dropped 6%: Finerman recommends YUM or MCD.
  PIR dropped 5%: Macke calls this company a strong contender for worst company in the world.
  LOW dropped 3%: Finerman reminds the panel she´s long HD.
  PEIX dropped 8%: Najarian prefers solar.

  7. YOUR FIRST MOVE FOR FRIDAY

  Macke recommends getting long ATVI.
  Adami says that as long as ORCL stays above $20.50 its buy.
  Finerman likes BEAS.
  Najarian prefers SOHU, an internet provider in China.

   News and Events Digest

Breaking News

Oracle's net rose 25%, driven by sales of database and middleware software, and acquisitions. - WSJ

Standard Pacific Corp (SPF) shareholder ValueAct SmallCap Master Fund L.P. reported a stake of 1.9 percent in the company, according to a regulatory filing. - Reuters

A Mattel (MAT) executive apologized to China on Friday, taking full responsibility for the recent wave of recalls of toys made in the country, according to media reports. The apology came in a meeting between Thomas A. Debrowski, Mattel's executive vice president for world-wide operations, and Li Changjiang, Chinese product safety chief, the reports noted. The El Segundo, Calif.-based toymaker has recently recalled toys because of hazardous materials such as lead paint and magnets. Shares of Mattel closed Thursday at $23.56. - MarketWatch

iMergent, Inc. (IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, announced it has entered into a memorandum of understanding (MOU) regarding settlement of all claims related to a consolidated class action litigation against the company. The initial class action suit was filed on March 8, 2005 and subsequently certified a class action by the U.S. District Court for the District of Utah.

iMergent and the plaintiffs have notified the court of the MOU and will be filing a stipulation of settlement seeking court approval of the terms. The MOU calls for a payment of $2.8 million to the class plaintiffs, which amount is within policy limits of, and is expected to be paid through, the directors and officers (D&O) insurance policy maintained by iMergent. Therefore, this settlement is not expected to impact the company's operating results. iMergent denies liability in the matter.

Media Summary:

According to Retuers, Alan Greenspan says that housing price will fall much further due to oversupply.

The Wall Street Journal writes that Goldman Sachs (GS) and KKR may back away from a deal to buy Harman International (HAR) for $8 billion.

Congress and the Bush administration are closer to a deal that would allow Freddie Mac and Fannie Mae to buy more home mortgages.

Barron's writes that RBC cut its rating on Nortel (NT) saying any turnaround is far off.

IPO Central:

China-based JA Solar Holdings Co. Ltd., a manufacturer of solar cells, said Thursday it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 6.4 million American Depository Shares. - AP

M&A Activity:

KKR and Goldman Sachs are balking at completing the $8 billion purchase of audio-equipment maker Harman International. - WSJ

Stock Split Announcement:

Rush Enterprises, Inc. (Ticker: RUSHA) announced that its board of directors approved a 3 for 2 stock split.

ARENA RESOURCES INC (Ticker: ARD) announced that its board of directors approved a 2 for 1 stock split.

   Upgrades and Downgrades by Sector:

Airlines - Passenger
 XJT ExpressJet Soleil Downgraded from Hold to Sell

Beverages
 WBD Wimm-Bill-Dann Foods JP Morgan Initiated at Overweight

Biotech
 DNA UBS Warburg Initiated at Buy $101
 DNA Genentech UBS Initiated at Buy $101
 GENT Gentium Broadpoint Capital Initiated at Buy $34
 SGEN Seattle Genetics Fortis Bank Initiated at Buy $14
 SVNT Savient Pharma Cowen & Co Initiated at Outperform

Brokerage Services
 BSC Bear Stearns UBS Price Target Raised Neutral $123 to $125
 GS Goldman Sachs UBS Price Target Raised Buy $235 to $245
 NDAQ NASDAQ Friedman Billings Downgraded from Outperform to Mkt Perform $37 to $38

Business Services
 HPY Heartland Payment Systems Morgan Keegan Initiated at Mkt Perform
 LNDC Landec Northland Securities Initiated at Outperform $18
 POS Catalina Marketing JP Morgan Downgraded from Overweight to Neutral

Chemicals
 MOS The Mosaic Co. Citigroup Upgraded from Sell to Hold

Combat Vehicles
 FRPT Force Protection Friedman Billings Initiated at Mkt Perform $18

Computer Hardware
 COMS 3Com RBC Capital Mkts Price Target Raised Sector Perform $4.50 to $4
 NTCT NetScout Systems Brean Murray Price Target Raised Buy $14 to $15
 OPSW Opsware CIBC Wrld Mkts Coverage Dropped

Computer Software
 ORCL Oracle UBS Price Target Raised Buy $24 to $25
 ORCL Oracle Am Tech/JSA Research Price Target Raised Buy $22 to $24
 ORCL Oracle Friedman Billings Price Target Raised Outperform $22 to $25
 CYBS CyberSource Sun Trust Rbsn Humphrey Initiated at Neutral

Electronics
 OPTM Optium Needham & Co Price Target Raised Buy $11 to $13

Foods
 DMND Diamond Foods BB&T Capital Mkts Upgraded from Hold to Buy $21
 SAFM Sanderson Farms Stifel Nicolaus Downgraded from Buy to Hold
 TOPP Topps Morgan Joseph Downgraded from Buy to Hold

Gold and Silver Mining
 AEM Merrill Lynch Downgraded to Neutral
 AUY Yamana Gold CIBC Wrld Mkts Downgraded from Sector Outperform to Sector Perform $16 to $14

Insurance
 PMI PMI Group Piper Jaffray Upgraded from Market Perform to Outperform

Mining - Steel & Iron
 MT Arcelor Mittal Lehman Brothers Initiated at Overweight

Motion Pictures
 MVSN WBLR Likes this stock here

Oil and Gas
 NGLS Targa Resources Wachovia Upgraded from Mkt Perform to Outperform
 BGH Buckeye GP Hldgs Deutsche Securities Downgraded from Buy to Hold
 DO Diamond Offshore Calyon Securities Downgraded from Buy to Add $118
 RIG Transocean Calyon Securities Downgraded from Buy to Add $121
 WFT Weatherford Calyon Securities Downgraded from Buy to Add $65 to $75

Recreation
 MAT Mattel Oppenheimer Upgraded from Neutral to Buy $30

Regional Banks
 SBNY Signature Bank Friedman Billings Price Target Raised Outperform $38 to $40
 WFC Merrill Lynch Downgraded to Neutral

Retail Trade
 MHS JMPS Removed from focus list, but maintained an Overwight rating
 CC Circuit City RBC Capital Mkts Price Target Raised Sector Perform $13 to $10
 GME Gamestop Nollenberger Capital Price Target Raised Buy $52 to $60
 CC Circuit City Bear Stearns Downgraded from Outperform to Peer Perform
 FDO Family Dollar JP Morgan Downgraded from Neutral to Underweight
 NKE Nike UBS Price Target Raised Buy $67 to $69
 NKE Nike Caris & Company Price Target Raised Buy $60 to $65
 EBAY - momentum strong heading into 4th quarter says PACS

Semiconductors
 RFMD RF Micro Device UBS Initiated at Neutral $6.75
 SWKS Skyworks UBS Initiated at Buy

Solar Technology
 SPWR Sunpower Jefferies & Co Initiated at Hold $90
 STP Suntech Power Jefferies & Co Initiated at Buy $45

Telecommunications
 CMTL Comtech Telecom Needham & Co Price Target Raised Buy $47 to $56
 AIRN Airspan Networks Stanford Research Initiated at Buy $3.20
 NWK Network Equip Brean Murray Initiated at Hold

Transportation
 CNI Canadian Natl Rail RBC Capital Mkts Price Target Raised Outperform $63 to $61
 CNI Canadian Natl Rail Stifel Nicolaus Downgraded from Buy to Hold
 BPL Buckeye Partners Deutsche Securities Upgraded from Hold to Buy
 DSX Diana Shipping Bear Stearns Upgraded from Peer Perform to Outperform

Utilities
 PNM PNM Resources Jefferies & Co Upgraded from Hold to Buy $24.50