Tuesday Morning, June 10th

   SITE NEWS

Hidden Treasure News:

Please Note: If you have a position in NNRF, the Ice Man would like to speak with you. Please call him at 818-992-6438.

NUCON-RF, Inc. Announces Stock Dividend to Shareholders of Record Monday July 9, 9:30 am ET

MOSCOW, July 9, 2007 (PRIME NEWSWIRE) -- NUCON-RF, Inc. (NNRF) today announced that it is in the final stage of consummating the acquisition of 50% of ROAR, one of its three pending acquisitions. NNRF has completed its due diligence investigation of ROAR and the acquisition is anticipated to close in July 2007, following satisfaction of certain Russian legal requirements. NNRF will issue its 50% ownership in H-XCELL as a dividend to NNRF stockholders of record as of July 1, 2007. This dividend will occur in the second half of 2007.
(Read the entire article at the bottom of the page)

Ice Cold Stocks now offers its visitors an easy way to know when information about a "Diamonds in the Rough" or a "Hidden Treasures" stock has been up updated.

Simply visit the "Diamonds in the Rough" or a "Hidden Treasures" section (on the front page of IceColdStocks.com). If you see a green light flashing by the company sysmbol, that means new information is available. Hold your mouse over the "Personal Power Rating" (PPR) icon, and the new information will appear.

   Dow Stock News

Home Depot (HD) lowered its earnings goal for the fiscal year, citing weaker conditions in the housing market. - WSJ

Alcoa extended its $27.93 billion hostile offer for Alcan to Aug. 10. Alcoa also posted a 3.9% drop in net on higher fuel costs and lower aluminum prices. - WSJ

GM General Motors JP Morgan Upgraded from Neutral to Overweight

   Ice Man Stocks

Breakouts the Ice Man may consider trading:
PNR - 39.40
ALTR - 24.10
UEIC - 38
NTGR - 39
OIS - 44.25
JCI - 118.65
CHE - 69.25
CKIL - 9.40
MFRI - 29.50

Regular Trades the Ice Man may consider:
AYE - 54
WOOF - 38.20
MDCO - 17.15
BRCM - 31.50
UPS - 74.60
TLAB - 11.50
HLIT - 9.20
NTE - 12.50
HNSN - 19.75
DNN - 12.15 = 13.16 Gap
VECO - 21.15
ODSY - 12.10
SWC - 12.05

Depressed stocks the Ice Man may buy:
AAPL - 127.20 Gap
BTJ - 48.50 Gap

Dollar Man Ideas:
VLNC - 1.28
BSQR - 7
ACEL - 2.70
AVCI - 8
PLNR - 7.75
IAG - 8.40
GRZ - 6.05
VGZ - 5
NFI - 8.70
CPST - 1.25

   Media Commentators

Cramer's Comments:

Cramer believes stocks that go to $80 go to $100 and from $100 to $120.

Bullish: BA, CAT, UPL, STR, ACM

Cabot Top Ten:

Apple (AAPL)
Chart Industries (GTLS)
CNOOC (CEO)
Cogent Communications (CCOI)
Fuel Tech (FTEK)
J. Crew (JCG)
*MasTec (MTZ)
Premier Exhibitions (PRXI)
Sina Corp. (SINA)
Winn-Dixie Stores (WINN)

Wstreet Market Comment:

Ratings for CNBC's "Mad Money" show have plunged all the way down to just 57,000 viewers. While I think Jim Cramer's style is over the top, I find it fascinating that he could draw such anemic numbers with the Dow and S&P 500 right around all-time high levels. I usually don't listen to the show, but recently I could tell Cramer has had a tough time dealing with individual investors that panic every time the market moves down. It is a tough racket, dealing with people that only think stocks should go straight up, and are ready to proclaim a winner or loser based on a few days of trading or a chart formation.

   Ice Cold Commentators

Break Man Video Summary:

Break out buy watch list for short term gains July 10 includes: CAMH, AUO, ADCT, ALTH, NTGR, SVR, RSH.

Several candidates for break out or pullback  plays for at least short term gains by buying the break out on good volume and selling at least some on the  first day. http://stocktiger.com

   CNBC Fast Money Review

1. Word on the Street
On a Roll
Bolling: BHP, AAUK, PKX exploded on world growth.
Najarian: Protect portfolio, buy puts. XOM, CAT ripping.

After Hours Action: Rough Start
Finerman: Not worried about AA earnings. AA, AL could be taken out this
year.
Bolling: AL will be bought by RTP.

They're Bringing Buybacks Back
Najarian: COP has more upside.
Macke:  Buyback trend to continue.
Finerman: Mother of all buyback is HD. Love HD.

Trade Update: Big Blue's Big Day
Bolling: Still likes IBM.
Macke:  Great management, own it.

Trade Update: Pete's Suite Call
Najarian: Likes HOT as a play.
Bolling: Keep eye on CHH.

Off Target
Finerman: TGT may sell credit card business.
Najarian: Institutional investors buying options.

Put the Pedal to the Metals?
Bolling: Buy GLD.
Finerman: Buy MDG.
Najarian: Prefers AU, NEM.

Trading a Heat Wave
Bolling: Likes EXC, ETR, CEG.

2. The Top 3
The iPlane
Finerman: Play is KALU, supplier to both BA and Airbus.
Bolling: Likes GE, supplies engines for Dreamliner. Own EADS.

Box Office Blowout
Macke:  Trade is HAS. BKC probably won't benefit.

Riding the Earnings Wave
Bolling: Likes INTC, TXN. Capex spending coming back.
Macke:  Double digit orders of new PC's huge for DELL, HPQ, INTC.
Najarian: Likes MXIM, NVDA, INTC, TXN.

3. Sector Trade
Is Ethanol For Real?
Bolling: Energy consumed producing ethanol greater than energy created.

4. Final Trade
Macke:  HAS is a buy.
Najarian: EMC is a buy, China play.
Finerman: KFT is a buy.
Bolling: KEP, ABV are buys.

   News and Events Digest

Breaking News

China executed the former top food and drug regulator after his conviction on corruption charges, state-run news media said. - WSJ

Retailer Sears Holdings Corp. (SHLD) on Tuesday said same-store sales for the nine-weeks ended July 7 fell 3.9% at domestic Kmart stores, with declines across most categories. Sears domestic same-store sales, or sales at stores open at least one year, fell 4%, with declines across most categories partially offset by increases in women's apparel and footwear. The Hoffman Estates, Ill.-based company said same-store sales within home appliances declined to a higher degree than declines recorded across most other categories for this period. Sears said that if the sales trends experienced during the first nine weeks of the second quarter continue through the rest of the second quarter period, which ends Aug. 4, net income will be between $1.06 and $1.32 a share. The current year second quarter estimate includes a gain of about 8 cents a share from bankruptcy-related settlements and total return swap investing activities. Analysts, on average, expected it to earn $2.12 for the fiscal second quarter, according to Thomson Financial. Sears also said its board approved the repurchase of up to an additional $1 billion of its common shares. This authorization is on top of the $121 million worth of shares that remain available for repurchase under the company's existing repurchase program. - MarketWatch

Pepsi Bottling Group Inc. (PBG), one of the world's largest distributors of Pepsi drinks, said Tuesday its fiscal second-quarter profit rose 9.5 percent, driven by strong results in the U.S., Canada and Russia.

Net income rose to $162 million, or 70 cents per share, from $148 million, or 61 cents per share, a year earlier. - AP

Media Summary:

According to Reuters, the CME (CME) purchase of the CBOT (CBOT) was approved by shareholders.

Reuters writes that BHP Billiton (BHP) is looking for a partner to make a bid for Alcoa (AA).

Reuters reports that Ford (F) plans to increase its output in Russia.

Reuters also writes that shares in Sprint (S) rose on rumors of a potential buy-out offer from Korea's SK Telecom.

The Wall Street Journal writes that the New York Stock Exchange is looking into trades in ABN Amro (ABN) which occured around the time that Barclays (BCS) made a bid for the bank.

The Wall Street Journal writes that Gemstar-TV Guide (GMST) has put itself on the market.

The Wall Street Journal reports that Ford (F) and GM (GM) will extend incentives on some of their vehicles to clear out inventories.

The New York Times writes that Danone (DA) will spend $16.8 billion to buy Royal Numico.

The FT reports that the IPO of EMC (EMC) unit VMWare could raise $1.1 billion.

Barron's writes that several solar energy stocks including Hoku (HOKU) rose sharply on news of new customers.

M&A Activity:

Anglo-Australian mining group BHP Billiton (BHP) is talking to private equity firms over a potential $40 billion takeover bid for Alcoa Inc. (AA) according to a report in the Times (of London) newspaper. The report said BHP's favored partner is Blackstone group (BX) . The miner has hired Merrill Lynch to investigate bids for both Alcoa and Alcan (AL) , with Alcoa seen as the preferable target, the newspaper said. The report added BHP wants to focus on Alcoa's mining and refining business, so a private equity partner is needed to spin off the other divisions that make aluminum packaging as well as wheels and body panels for cars and aircraft. - MarketWatch

Television programming guide company Gemstar-TV Guide International Inc. (GMST) said on Monday it was exploring a possible sale and other strategic options, lifting its shares by more than 15 percent. - Reuters

Economic Data:

10:00 Wholesale Inventories

   Upgrades and Downgrades by Sector:

Aerospace
 AXYS Axsys Technologies Kaufman Bros Price Target Raised Buy $21 to $25
 AXYS Axsys Technologies Stifel Nicolaus Price Target Raised Buy $25 to $29
 LMIA LMI Aerospace Wachovia Downgraded from Outperform to Mkt Perform

Audio-Video Equipmnt
 GMST Gemstar-TV Guide Kaufman Bros Price Target Raised Buy $6 to $8
 GMST Gemstar-TV Guide Soleil Price Target Raised Buy $6.50 to $7.50

Biotech
 ALNY Alnylam Pharmaceuticals Caris & Company Price Target Raised Above Average $23 to $30
 ALNY Alnylam Pharmaceuticals Rodman & Renshaw Price Target Raised Mkt Outperform $25 to $30
 AMGN Amgen Friedman Billings Price Target Raised Mkt Perform $52 to $57
 ACAD ACADIA Pharmaceuticals Friedman Billings Initiated at Outperform $21

Broadcasting
 DTV DIRECTV Citigroup Upgraded from Hold to Buy
 CDL Citadel Broadcasting Banc of America Sec Cut Price Target Sell $7.50 to $5.50

Chemicals
 FOLD Amicus Therapeutics JP Morgan Initiated at Overweight

Computer Hardware
 MXWL Maxwell Tech Roth Capital Price Target Raised Hold $13 to $17
 RACK Rackable Systems RBC Capital Mkts Downgraded from Outperform to Sector Perform

Computer Software
 DRIV Digital River RBC Capital Mkts Upgraded from Sector Perform to Outperform
 TTWO Take-Two Soleil Upgraded from Hold to Buy $30
 ATVI Activision First Albany Initiated at Buy
 CALD Callidus Software Northland Securities Initiated at Outperform $16
 UNCA Unica Needham & Co Downgraded from Buy to Hold
 UNCA Unica Jefferies & Co Downgraded from Buy to Hold $16 to $14

Environmental Prod
 SMG Scotts Miracle-Gro JP Morgan Upgraded from Neutral to Overweight

Foods
 DAR Darling International Inc Avondale Partners Downgraded from Mkt Outperform to Mkt Perform

Gaming Operations
 DDE Dover Downs Gaming KeyBanc Capital Mkts / McDonald Initiated at Hold

Healthcare Equipment
 VOLV Volvo AB HSBC Securities Upgraded from Underweight to Overweight
 ASEI American Science & Engineering Roth Capital Downgraded from Buy to Hold $62

Healthcare Facilities
 ALC Assisted Living Concepts RBC Capital Mkts Initiated at Outperform
 AMED AMEDISYS BB&T Capital Mkts Downgraded from Buy to Hold

Industrial Equipment
 GGG Graco CIBC Wrld Mkts Downgraded from Sector Outperform to Sector Perform

Insurance
 AZ Allianz AG UBS Upgraded from Neutral to Buy
 PFG Principal Fincl Bernstein Upgraded from Mkt Perform to Outperform
 AFSI Amtrust Financial Friedman Billings Price Target Raised Outperform $16 to $22
 CINF Cincinnati Fincl Citigroup Initiated at Buy
 CVA Covanta Banc of America Sec Initiated at Buy $30

Internet Services
 GOOG Google UBS Price Target Raised Buy $580 to $655

Manufacturing
 RBC Regal-Beloit Morgan Joseph Price Target Raised Buy $54 to $62
 ARUN Aruba Networks Jefferies & Co Initiated at Buy $25

Mining - Minerals
 NRP Natural Resource Friedman Billings Downgraded from Outperform to Mkt Perform $38 to $42

Motor Vehicles
 F Ford Motor JP Morgan Upgraded from Underweight to Overweight
 DCX DaimlerChrysler UBS Price Target Raised Buy $102.17 to $122.61
 GNTX Gentex Banc of America Sec Price Target Raised Buy $24 to $26
 PKOH Park-Ohio Morgan Joseph Price Target Raised Buy $28 to $35

Oil and Gas
 DPTR Delta Petroleum AG Edwards Upgraded from Hold to Buy $26
 DWSN Dawson Geophys. Matrix Research Upgraded from Hold to Buy
 COP ConocoPhillips UBS Price Target Raised Buy $88 to $93
 MRO Marathon Oil UBS Price Target Raised Neutral $65 to $66

Publishing
 PRST Presstek Needham & Co Price Target Raised Buy $8 to $10

Regional Banks
 UCBI United Comm Banks Sun Trust Rbsn Humphrey Upgraded from Neutral to Buy $28.50
 THG The Hanover Insurance Grp Citigroup Initiated at Buy $59

REITs
 SFC Spirit Finance Robert W. Baird Downgraded from Outperform to Neutral $16 to $15

Restaurants
 DRI Darden Restaurants UBS Price Target Raised Buy $52 to $53

Retail Trade
 GME Gamestop First Albany Initiated at Buy
 URBN Urban Outfitters Stanford Research Initiated at Buy $29

Semiconductors
 MU Micron Jefferies & Co Upgraded from Hold to Buy $12 to $17
 QLGC QLogic BMO Capital Markets Initiated at Outperform $21
 RTEC Rudolph Tech Stifel Nicolaus Initiated at Buy $21
 ZRAN Zoran Deutsche Securities Initiated at Buy $28
 ALTR Altera AG Edwards Downgraded from Buy to Hold
 FORM FormFactor JP Morgan Downgraded from Neutral to Underweight
 SMSC SMSC Matrix Research Downgraded from Buy to Hold

Solar Energy
 FSLR First Solar Lazard Capital Downgraded from Buy to Hold

Telecommunications
 SKM SK Telecom Citigroup Upgraded from Hold to Buy
 PLCM Polycom Jefferies & Co Initiated at Buy $40
 CHA China Telecom Deutsche Securities Downgraded from Buy to Hold

Transportation
 GBX Greenbrier Comp Morgan Keegan Upgraded from Underperform to Mkt Perform
 OSG Overseas Shipholding Cantor Fitzgerald Price Target Raised Buy $87 to $110

Utilities
 PNM PNM Resources Citigroup Upgraded from Sell to Hold
 SRE Sempra Energy RBC Capital Mkts Downgraded from Top Pick to Outperform

___________________

Press Release Source: NUCON-RF, Inc.

NUCON-RF, Inc. Announces Stock Dividend to Shareholders of Record Monday July 9, 9:30 am ET

MOSCOW, July 9, 2007 (PRIME NEWSWIRE) -- NUCON-RF, Inc. (NNRF) today announced that it is in the final stage of consummating the acquisition of 50% of ROAR, one of its three pending acquisitions. NNRF has completed its due diligence investigation of ROAR and the acquisition is anticipated to close in July 2007, following satisfaction of certain Russian legal requirements.

Following the acquisition, ROAR will be divided into two companies: a welding production company that will be known as ``ROAR'', and a fuel cell production company that will be known as ``H-XCELL''. The proprietary hydrogen fuel cell technology and patents currently held by ROAR will be transferred to H-XCELL at the closing. All assets of ROAR relating to its cutting-welding equipment and gas-regulating equipment will remain with ROAR.

NNRF will issue its 50% ownership in H-XCELL as a dividend to NNRF stockholders of record as of July 1, 2007. This dividend will occur in the second half of 2007.

A financing on behalf of ROAR and H-XCELL will be pursued following the closing of the acquisition. The proceeds of the proposed ROAR financing would be utilized for future acquisitions as well as working capital. The proceeds of the proposed H-XCELL financing would be utilized to accelerate current research and development of reliable, low-cost, high-performance fuel cell system components for transportation and construction applications. ROAR and H-XCELL will seek listing on the Alternative Investment Market (AIM) in London and the Russian Trading System (RTS) in Moscow.

ROAR's management has targeted the acquisition of up to four additional Russian-based companies in the next twelve months which could reduce the current production costs of ROAR by 20-25% and could result in control of facilities capable of satisfying a significant portion of the demand for the welding industry in Russia and the Commonwealth of Independent States (CIS). NNRF and ROAR believe that ROAR's product line may change the existing business model of companies in the global market of cutting-welding equipment. The traditional petroleum based fuel sources currently used by these companies are made less competitive by ROAR's hydrogen fuel cell production units. Further, ROAR's products are believed to be less expensive in initial cost and in operations than other competing products, while operationally and environmentally safer than the competition.

A key component of ROAR's business is the development of its proprietary technology utilizing hydrogen, in lieu of traditional fuels and gases, to provide power to cutting and welding torches as well as regulating equipment. Hydrogen is a highly efficient and environmentally safe fuel. Utilizing electrolysis, one of the most common technologies used to produce hydrogen, ROAR has developed a proprietary, portable, compact unit that uses a hydrogen-oxygen mix, at a pressure of less than 0.5 kg/cm(2), to create energy (fuel).

ROAR's manufacturing facilities are located outside of Moscow and are currently producing portable hydrogen fuel cell power units for sale in the Russian, CIS and Chinese markets. ROAR's proprietary and patented technology eliminates the costly, dangerous, and difficult to handle fuel tanks currently used in the cutting and welding industry. The green, proprietary production process creates a waste material comprised solely of water, and simultaneously powers cutting and welding torches and regulating equipment without the use of fossil fuels. ROAR has also developed working prototypes for heating and air conditioning units. ROAR has also coupled multiple units in series to demonstrate the proof of concept of their units to power a mid-sized vehicle. NNRF has commenced working with laboratories in Russia and Israel, universities, and industry partners to develop multiple applications of the units manufactured by ROAR.

Mr. Peter Goerke, Executive Vice President of NNRF stated, ``The revolutionary products of ROAR are not yet known outside of Russia and the CIS despite having been under development since 1992. We believe that the proprietary products of ROAR, which are already developed and in production, have the potential to serve as the catalyst for additional future hydrogen fuel cell product lines. Fuel cells are an important enabling technology for the hydrogen economy and have the potential to revolutionize the way we power the world, offering cleaner, more-efficient alternatives to the combustion of gasoline and other fossil fuels. Fuel cells have the potential to replace the internal combustion engine in vehicles and provide power in stationary and portable power applications because they are energy-efficient, clean, and fuel-flexible. Hydrogen or any hydrogen-rich fuel can be used by this emerging technology. The dividend of H-XCELL stock to NNRF stockholders, as well as potential stock dividends by NNRF in the future relating to other prospective acquisitions, will offer our stockholders significant additional value.''

ABOUT NNRF:

NNRF is a U.S. corporation with executive and operations offices in Moscow, Berlin and Washington. NNRF offers design and manufacturing of specialized products for nuclear reactors and nuclear waste management; proprietary nuclear shielding, decommissioning and decontamination technologies; and engineering/design services for a range of environmental challenges. NNRF owns manufacturing facilities and provides both equipment and services for nuclear power plants and compliance, shielding, transport and interim and final storage requirements for government agencies and nuclear service companies. NNRF also owns or licenses proprietary leading edge technologies which provide NNRF with a market edge in manufacturing, design, engineering and services capabilities. NNRF's management team has extensive industry and government service including extensive in-house expertise in all aspects of radiological protection and radiological waste management. NNRF has entered into strategic alliance agreements with government agencies of the Russian Federation. Access through NNRF's strategic alliances to key processing and disposal facilities in the Russian Federation enables it to complete a broad range of projects efficiently and cost effectively. NNRF believes that this access provides vertically integrated services that distinguish it from competitors. NNRF manufactures nuclear power plant equipment in Russia and has multi-year sales contracts for a significant portion of current production with ROSATOM, the owner and operator of all Russian nuclear reactors. NNRF also provides products, services and proprietary technology based solutions through its strategic alliances to multilateral and bilateral funded projects located in Northwestern Russia known as the Northern Dimension Environmental Partnership (NDEP). This area contains the largest repository of spent nuclear fuel and radioactive waste in the world. The projects involve the decommissioning and disposal of nuclear powered naval vessels of the former Soviet Union. The projects are funded by G-8 member countries. NNRF currently is expanding its marketing to include the European Union, China, India and North America in 2007-08 through strategic marketing partnerships with multinational energy service companies. NNRF is currently engaged in the due diligence phase of potential further acquisitions in 2007-2008 which are intended to substantially increase its current asset and revenue base.