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Hidden Treasure News:

LNGT News Update:

Laser Energetics to Integrate BrightStar(TM) Alexandrite Lasers in Medical and Dental Applications

MERCERVILLE, N.J., Oct 22, 2007 /PRNewswire-FirstCall via COMTEX/ -- Laser Energetics, Inc. (LNGT) announced today that the Company has entered into discussions with several medical and dental instrument suppliers regarding the integration of LEI's BrightStar(TM) Alexandrite lasers into their medical and dental products.

LEI's BrightStar(TM) Alexandrite laser's shorter fundamental tunable laser output and fiber optic beam delivery system can enhance medical and dental laser applications. The lasers may be used in the medical market for Photo Acoustic Imaging to detect certain types of cancer (such as breast cancer), Photo Dynamic Therapy for treatment of certain types of cancer (i.e., lung cancer), hair removal, tattoo removal, spider vein treatment, ophthalmic applications, and blood clot detection to name just a few applications. In addition, the lasers can be used in the dental market for low trauma decay treatment and teeth cleaning. There are many more medical and dental laser applications that LEI's BrightStar(TM) Alexandrite lasers can address.

The Company's BrightStar(TM) Alexandrite lasers, because of their compact design, are cheaper to build, and thus more cost effective and profitable to the practitioners using them.

These applications are in addition to the defense and homeland security markets already being addressed by the Company.

LEI's Medical Director, Dr. John T. LiVecchi, MD, FACS, stated "Lasers play a prominent role in the efficient delivery of healthcare in today's environment. Our BrightStar(TM) Alexandrite lasers are perfectly positioned to take a significant percentage of this large and growing market."

Robert D. Battis, Chairman and Chief Executive Officer of Laser Energetics, said, "Our goal is to identify as many uses as possible for the various BrightStar(TM) Alexandrite lasers. This will bring about cost reduction in manufacturing, enhanced market share and increased profit margins. LEI will strategically team with other companies who have already created an infrastructure to serve various markets, such as the medical/dental marketplace. We will strictly build lasers for them on an OEM basis, supporting their efforts. By concentrating our initial efforts on defense and security, and joint venturing or licensing technology for other markets, we expect to leverage our technology to maximize both sales and profits for the Company. We expect to be in a position to make several announcements regarding these developments in the near future.

About Laser Energetics, Inc.: LEI has and continues to develop a comprehensive and strategic laser product line that addresses applications in Industry, Science, Medicine and the Military. The Company has had a primary focus on its Alexandrite laser technology. These tunable solid state lasers are unique in that they can be conductively air cooled to compete favorably against water cooled lasers in many applications. In addition, these lasers have one of the greatest wavelength tuning ranges with a bandwidth of over 250nm. The company is pursuing markets that are diverse yet can use the same laser with their compact user friendly design. This laser technology provides a sustainable advantage over many other lasers because of their tune-ability, conductively air cooled operation, and their efficiency allowing these lasers to operate at 110 Volts as compared to other less efficient competitive lasers that are large and need 220 Volts to operate.

SIBLING SPORTS ANNOUNCES THAT M-1 GLOBAL SIGNS FEDOR EMELIANENKO - THE RENOWNED MMA FIGHTER!

NEW YORK CITY, NY, October 23, 2007- Sibling Entertainment Group Holdings, Inc. [SIBE] ["Sibling Holdings"] announced yesterday that an affiliate of Sibling Entertainment Group, Inc., M-1 Global, LLC ["M-1 Global"] signed an agreement with Fedor Emelianenko, widely regarded as the world's best MMA fighter.

"We are elated to have signed Fedor," says Mitchell Maxwell, chairman of M-1 Global.  "He is the consummate MMA fighter.  His record speaks for itself, at 26-1 he is the best heavyweight fighter in the world.  In addition, almost every major MMA magazine and website has named Fedor the 'best pound for pound MMA fighter' in the sport."

Vadim Finkelchtein, Fedor's manager says, "We're excited to be working with M-1 Global.  This new organization is committed to moving MMA into the mainstream worldwide.  M-1 Global respects Fedor's desire to represent Russia in International Sambo Competitions and fully supports his participation in these events."

"Fedor has signed a two year contract for six fights with a very attractive extension option," Finkelchtein said.

As to compensation, Maxwell replied: "Fedor is being paid commensurate with his status as the MMA greatest fighter.  I would be prepared to get in the ring with him for what he is being paid.  Of course in my case it would quickly become part of my estate."

Sherdog.com, a leading authority in the MMA world exclaims:  "A complete fighter, Fedor is known for his brilliance in the ring, where he often appears so relaxed it's like he just woke from a Sunday afternoon nap.  Fedor mixes a vicious ground-striking game with an active submission regimen along with the kind of high-elevation takedowns that only the most dynamic fighters possess.  Having stood and gone to the floor with the best in both areas, most pundits regard Emelianenko, the current PRIDE heavyweight champion, to be the finest fighter on the planet."

Robert Rousseau ExtremeProSports.com writer raves:  "So what happens when you combine strength with elite fighting skills? In Fedor Emelianenko's case, you get the Heavyweight Champion of Pride Fighting Championships (PRIDE).  In fact, many believe that he may be the greatest martial artist in the history of the sport, a terrifying brew of heart, technique, and astounding strength."

Richard Pauley, quoted on Foxsports.com explains:  "It's the allure of being labeled 'unbeatable' that draws people to that kind of champion.  Where would golf be without Tiger Woods and what happened to basketball when Michael Jordan retired the first time?  In MMA there is this 'unbeatable' champion, Russian heavyweight Fedor Emelianenko.  Fedor is a mild-mannered stone cold fighter who is versed in every aspect of the MMA game.  He is considered unbeatable by most which makes it all the more appealing to watch his fights."

"Not only is Fedor a great fighter, but he is a great ambassador of Russian Sambo and a great role model.  Fedor spends time working with Russian orphan boys to help them learn life skills through martial arts.  He spends his own money to provide uniforms and training for these children.  He believes that respect for authority, discipline, and athletic skills that these young boys can learn from martial arts will help give them a meaningful future," Maxwell said.

"While Fedor is well-known by hard-core US MMA fans, and MMA fans in Europe, Russia, and Asia, he is not as well-known in the US," said Maxwell.  "We have been working closely with SFX Media & Events, one of the premier sports marketing and management organizations in the world, to help us promote Fedor in the US."

Dennis Spencer, executive vice president of SFX Media and Events, a Blue Equity Company, says, "Fedor Emelianenko is the best fighter in the world.  He has captured the imagination of MMA fans, and we intend to create television and media platforms in the United States and around the world that will showcase Fedor and his unbelievable talent.  Fedor will be the sport's first worldwide superstar."

"We have created a world-class organization to support Fedor and we're anxious for the American public to meet and embrace him," said Maxwell.

M-1 Global held a press conference Monday, October 22, 2007, at 5:30 PM.  To view the press conference in its entirety visit the M-1 Global website at www.M-1Global.com and select the press conference link.

   Dow Stock News

America's second-largest chemical maker, DuPont Co., said Tuesday its third-quarter earnings rose 8.5% on the back of international and agriculture growth, resulting in the firm lifting the top end of its earnings forecast for the year. Excluding a three-cents-a-share charge for litigation reserves, DuPont would have earned 59 cents a share. The company also lifted its adjusted earnings forecast for the year to a range of $3.15 to $3.20 a share, up from $3.15 a share. Analysts polled by Thomson Financial were looking for earnings of 52 cents a share. - MarketWatch

Bloomberg writes that sales outside the US allowed GM (GM) to sell more cars worldwide than Toyota (TM) in the first nine months of the year.

The Wall Street Journal reports that AT&T (T) will sell wireless access to Napster's collection of five million songs. The service will not work with Apple's (AAPL) iPhone

Reuters writes that Wal-Mart (WMT) will buy the part of its Japanese operations that it does not own for $350 million.

The New York Times writes that the FTC has decided not to open a formal antitrust inquiry into Intel's (INTC) practices.

The New York Times writes that libraries are rejecting offers from Microsoft (MSFT) and Google (GOOG) to move their libraries online.

AXP American Express Friedman Billings Cut Price Target Mkt Perform $70 to $66

   Ice Man Stocks

Breakouts the Ice Man may consider trading:

MEA - 13
HWAY - 58.50
RADS - 17.50
DST - 87
SYNA - 53
INFA - 17.20
CWST - 15
NVDA - 39.65

Regular Trades the Ice Man may consider:

AEIS - 16.20
YRCW - 16.40
CNW - Possible Bottom like YRCW
AEA - 10
IVAC - 18.35 = 19.35 Gap
PFCB - 29.40 Bid
MW - 40
ULTR - 18
UAUA - 50

Depressed stocks the Ice Man may buy:

ADY - 19.15 Gap

Dollar Man Ideas:

TGIC - Possible Bottom
XJT - 3.55
ODSY - 10
CWTR - 8.50, 8.80
BLDP - 5.10

Depressed Dollar:

SUF
BHIP

   Media Commentators

Cramer's Comments:

Bullish: GOOG, ISRG, SGP, SSW

   Ice Cold Commentators

Break Man Video Summary:

Break out buy (or short sell) watch list for short term gains October 23 includes:  NRMX, FMCN, SEED, ZBRA, VOD, FCS, MDTL, MYD, ISV.

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:

Sunday night nearly all the foreign markets suffered decent percentage losses in reaction to Friday's plunge here in the U.S.  Taking a cue from foreign markets, our futures gapped down at the open with the Dow losing over 100 points early in the trading session.  When the tech stocks began to rally, the entire market managed to recover back to the unchanged levels.  However, soon thereafter, sellers again entered the market as market headed back down to test its morning lows.  The Dow again fell over 100 points before reversing back up and ultimately working its way higher into positive territory.  The Dow ended the day 50 points higher but still lagged the tech sector with the Nasdaq gaining nearly 29 points.

Monday, the first rally was a classic example of an oversold bounce.  Some sort of bounce typically occurs when markets reach extreme oversold conditions (examine the 60 minute charts intra day) and sellers become exhausted in the near term.  These initial bounces usually are met with selling as was the case today.  However, the subsequent rally combined with the after hours action provides the Bulls with some hope as the indexes were able to close near the highs for the day with the futures currently extending those gains.  Thus, it will be interesting to see how things play out tomorrow since most indexes will likely run into various levels of resistance if the futures hold their gains Tuesday.  Specifically, let's observe how the SPX and DOW deal with their respective 50 and 20 day EMA's overhead since this would be the normal area for a rally to fail.  The key level for the SPX comes into play at 1530 where the 20 day EMA and long time price resistance meet.  Until the SPX clears and holds above this key level, one cannot trust the rally.  Likewise, watch to see if the Dow can break above its 20 day EMA found near 13,830.  Folks, until these indices can regain their 20 day EMA's they are simply range bound at best.  Otherwise, they should be viewed as down trending due to the fact that both of these indexes made divergent highs and Friday lost support of their 20 and 50 day moving averages with confirming volume.  Let's take things easy and see what signal the market sends us before making big bets.

Finally, we need to continue to closely monitor our measures of sentiment.  As you are now well aware from last week, our sentiment readings showed a high level of complacency amongst market participants.  It's probably safe to say that Friday's sell off instilled some fear back into traders, but it seems a bit premature to believe that one big down day has managed to accomplish this feat.  Therefore, let's continue to remain somewhat cautious in the near term and see what the coming days suggest.  As always, be prepared to react to the message of the market.

Good Trading.

   CNBC Fast Money Review

1. AAPL EARNINGS

The headline: Apple Trounced Estimates Monday Up 67%; Knocking The Cover Off The Ball.

Jeff Macke says Mac sales performed well and that speaks volumes about the company long-term.

Pete Najarian says Morgan Stanley is now projecting $225 price target. He recommends owning the stock at any pull back.

2. CONSUMER STOCKS

AMZN, the amazing internet retailer comes out with earnings Tuesday after the bell. Is there a
trade?

Jeff Macke says Amazon survived the bubble by staying focused on online retail. He loves this stock and expects them to crush earnings.

Karen Finerman likes TGT and WMT because she sees value in retail. She feels these two companies are trading at low levels because sentiment is terrible and there´s an expectation that the consumer is dead. “I don´t believe it!’ she says defiantly.

Guy Adami recommends buying UPS
because they ship merchandise consumers buy online.

3. COLD COMMODITIES

The headline: Crude Oil, Gold Both Drop 1% As Dollar Strengthens.

Adami explains Crude oil finished down 1.2% at $87.56; gold dropped 1.1% to $755.80 and investors sold the FCX and gold stocks. He´s bearish on gold and oil.

Najarian likes the oil services sector because he doesn´t feel they are dependent on the price of crude.

4. MERCK SMIRKS

The headline: MRK Earnings Top Expectations On Strong Sales Of Singulair, Vaccines.

Macke likes MRK and adds that SGP shares plummeted 14% after profit and revenue
missed estimates explains Jeff Macke.

Najarian cautions investors to watch the P/E levels on all these stocks.

Adami prefers PFE on a valuation basis.

5. TARGET

The headline: TGT Reduces Forecast For Same-Store Sales.

Finerman says sales are now expected to come in at 2%-4% when they were expected to come in at 3%-5%

Macke says this raises a big red flag for TGT, however he adds they didn´t go negative.

6. TRIUMPHANT TURNAROUND:

The headline: Dow Plunges More Than 100 Points, Only to Rebound and Finish 50 Points Higher.

Dylan Ratigan explains the Street suffered through a volatile day as weak commodity and drug stocks battled strong tech and bank plays. Also, the NASDAQ rallied 1% as investors flooded into tech names after weakness last week he added.

Najarian anticipates big swings over the next few weeks.

Also Homebuilders ETF (XHB) Closes Up 3% After Dramatic Midday Turnaround.

7. POPS AND DROPS

MO popped 1%: Finerman likes this stock.

KMB popped 5%: Macke likes this stock.

XJT popped 16%:
Adami says sell the news.

LDK popped 13%: Najarian likes other trades better.

CWTR popped 8%: Macke says don´t bottom fish in specialty retail.

SHLD popped 4%: Finerman prefers Target.

RCL popped 8%: Macke says the stock is
“working.’

LULU dropped 5%: Adami doesn´t know what to say.

8. YOUR FIRST MOVE FOR TUESDAY

Macke recommends buying DOG.

Adami prefers INTC.

Finerman likes COV.
Najarian says YHOO is a buy.

   News and Events Digest

Breaking News

Apple Inc. shares rallied Tuesday after the consumer tech giant said sales of more than 2 million Macintosh PCs, along with strong performances from its iPod and iPhone products, powered it to a 67% increase in fourth-quarter earnings. - MarketWatch

An experimental heart device from Abbott Laboratories (ABT) proved better at cutting the risk of death from heart attacks and other major cardiac events than a rival product made by Boston Scientific Corp (BSX), Abbott said in results released on Monday. - Reuters

UAL Corp. said Tuesday that its third-quarter profit climbed nearly 76 percent, thanks largely to trimmed costs and a boost in passenger revenue.

The parent company of United Airlines, the nation's No. 2 carrier, said it earned $334 million, or $2.21 per share, for the July-through-September quarter. That's up from $190 million, or $1.30 per share, during the same period last year.

Revenue for the Chicago-based company climbed 6.8 percent to $5.53 billion, up from $5.18 billion.
On average, analysts surveyed by Thomson Financial forecast earnings of $1.88 a share on revenue of $5.36 billion. - AP

China GrenTech Corporation Limited (GRRF), today announced that it obtained orders with contract value over RMB100 million from a well-known large domestic base station equipment manufacturer for the procurement of RF modules. These orders are expected to be delivered by the end of the year. GrenTech obtained shares of the overall allocation including GSM, CDMA and WCDMA filters. In particular, the Company secured about a 60% share of GSM filters, which were consumed most by the OEM in its production.

Microvision (MVIS) the leader in light scanning technologies for display and imaging products, announced today it has entered into a development agreement with one of the world´s largest consumer electronics manufacturers of mobile phones, digital cameras and personal media players.

After getting panned much of the year, online DVD rental pioneer Netflix Inc. finally won rave reviews on Wall Street with a surprisingly strong performance in its third quarter. - AP

Lockheed Martin Corp., the builder of jet fighters and missile defense systems, said Tuesday its third-quarter earnings rose 22%, reflecting higher volumes and improved performance in its aeronautic and electronic systems divisions. - MarketWatch

Nike will acquire Britain's Umbro PLC for $582 million, the companies announced Tuesday, as the U.S. apparel and shoe maker seeks a larger presence in the global soccer market. - AP

Cisco Systems Inc. (CSCO) plans to buy Navini Networks Inc. for $330 million in cash and assumed options. Cisco, said the acquisition is expected to close in the second quarter of Cisco's 2008 fiscal year. Cisco plans to integrate Navini into its wireless networking business unit. Navini is based in Richardson, Texas. Navini develops technologies with multi-input multi-output antennas. - MarketWatch

BP PLC, one of Europe's biggest oil companies, reported Tuesday that third-quarter profit fell 29 percent compared with a year ago because of lower margins and interruptions in refining. - AP

More homeowners are filing for bankruptcy to try to stay in their homes. Many are turning to the less-familiar Chapter 13. - WSJ

Media Summary:

According to Reuters, Halliburton (HAL) increased its third quarter profit by 19%.

The Wall Street Journal writes that KKR and Goldman Sachs will cancel their takeover of Harman (HAR), but make an investment in the company to avoid a lawsuit.

The Wall Street Journal also writes that Sandisk (SNDK) will begin o sell a small storage device so consumers can move video from PC to TV.

The Wall Street Journal writes that an ITC judge ruled that Nokia's (NOK) patent complaint against Qualcomm (QCOM) should he dropped.

The New York Times writes that Apple's (AAPL) Mac sales are surging and the company plans several years of software upgrades to feed the increase.

The NYT says that a new poll indicates Americans are still willing to buy Chinese products.

The FT writes that a number of financiers want transparency into the securities that a new super-fund may be buying so that they do not get artificial pricing.

CNNMoney writes that the UAW deal with Chrysler is in trouble.

IPO Central:

Fuqi International (FUQI) priced 7.03 million shares at the top of its $7-$9 range for its stock market debut on Tuesday. The Shenzhen, China designer of precious metal jewelry in China raised about $63 million in the IPO with underwriter Merriman Curhan Ford & Co. - MarketWatch

Economic Data:

   Upgrades and Downgrades by Sector:

Airlines - Passenger
 FRNT Frontier Airlines JP Morgan Upgraded from Underweight to Overweight
 AAI Air Tran Holdings JP Morgan Downgraded from Overweight to Neutral

Beverages
 ABV AmBev HSBC Securities Initiated at Overweight $90

Biotech
 ALNY Alnylam Pharmaceuticals Rodman & Renshaw Price Target Raised Mkt Outperform $30 to $37
 TPTX TorreyPines Therapeutics JMP Securities Downgraded from Strong Buy to Mkt Outperform $13

Business Services
 ABCO Advisory Board CIBC Wrld Mkts Price Target Raised Sector Outperform $63 to $70
 FCN FTI Consulting CIBC Wrld Mkts Price Target Raised Sector Outperform $53 to $63
 NUAN Nuance Communications Needham & Co Price Target Raised Buy $19 to $23
 NUAN Nuance Communications Friedman Billings Price Target Raised Outperform $22 to $24
 MINI Mobile Mini Deutsche Securities Downgraded from Buy to Hold $30 to $22
 BE BearingPoint Needham & Co Cut Price Target Buy $10 to $9

Computer Hardware
 TER Teradyne Citigroup Upgraded from Hold to Buy
 AAPL Apple Broadpoint Capital Price Target Raised Buy $182 to $210
 RADS Radiant Systems Northland Securities Price Target Raised Outperform $16 to $20
 NTGR NETGEAR Nollenberger Capital Initiated at Buy $36

Computer Services
 INAP InterNAP Jefferies & Co Initiated at Buy $20

Computer Software
 THQI THQ Inc Kaufman Bros Upgraded from Hold to Buy $34 to $30
 JDAS CIBC Likes
 CHKP Check Point Sftwr Jefferies & Co Downgraded from Buy to Hold $30 to $28
 THQI THQ Inc Nollenberger Capital Cut Price Target Buy $33 to $32
 THQI THQ Inc Lazard Capital Cut Price Target Buy $39 to $35

Construction
 WSO Watsco Robert W. Baird Upgraded from Neutral to Outperform $47

Educational Services
 APOL Apollo Group Robert W. Baird Upgraded from Neutral to Outperform $56 to $80

Entertainment
 TWX Time Warner Lehman Brothers Cut Price Target Overweight $25 to $24
 NFLX Netflix Lehman Brothers Price Target Raised Equal-weight $17 to $24
 NFLX Netflix Cantor Fitzgerald Price Target Raised Hold $18 to $24

Environmental
 Prod SRCL Stericycle CIBC Wrld Mkts Price Target Raised Sector Outperform $54 to $60

Finance Companies
 VNBC Vineyard Natl Oppenheimer Downgraded from Buy to Neutral

Foods
 K Kellogg Citigroup Downgraded from Buy to Hold

Gold and Silver Mining
 GFI Goldman Sachs Upgraded to Buy

Healthcare Facilities
 AMSG AmSurg Jefferies & Co Upgraded from Hold to Buy $27 to $30

Heavy Machinery
 MTW Manitowoc Lehman Brothers Price Target Raised Overweight $45 to $48

Household Goods
 JAH Jarden Citigroup Upgraded from Hold to Buy
 KMB Kimberly-Clark Lehman Brothers Price Target Raised Underweight $70 to $72

Insurance
 AIZ Assurant KeyBanc Capital Mkts Upgraded from Hold to Buy $65
 PRE PartnerRe Calyon Securities Price Target Raised Buy $80 to $100

Major Pharmaceutical
 SGP Schering-Plough HSBC Securities Cut Price Target Overweight $37 to $35
 ILE Isolagen Merriman Curhan Ford Coverage Dropped Buy

Manufacturing
 PLL Pall Corp Robert W. Baird Upgraded from Neutral to Outperform $49

Mining - Steel & Iron
 MT Arcelor Mittal HSBC Securities Upgraded from Underweight to Overweight $95

Multi-National Banks
 STD Banco Santander Central Deutsche Securities Resumed Coverage Buy

Oil and Gas
 OXY Smith Barney Top Pick
 SLB Jeffries Reiterated Buy $110
 HAL Smith Barney Price Target Raised $65
 HAL Halliburton Friedman Billings Price Target Raised Outperform $45 to $48
 WFT Weatherford Friedman Billings Price Target Raised Mkt Perform $62 to $64
 MDR McDermott Lehman Brothers Initiated at Overweight $65
 PKD Parker Drilling Banc of America Sec Initiated at Buy $11

Pharmaceutical
 AMAG AMAG Pharma Bear Stearns Initiated at Outperform $80

Publishing
 TRB Tribune Barrington Research Upgraded from Underperform to Mkt Perform

Regional Banks
 UBB Unibanco Bear Stearns Resumed Coverage Outperform
 ZION Zions Bancorp UBS Downgraded from Buy to Neutral
 PFB PFF Bancorp Friedman Billings Cut Price Target Mkt Perform $18 to $13
 TSFG South Fincl Group Lehman Brothers Cut Price Target Underweight $23 to $22

Retail Trade
 AMZN SOLE Price Target Raised $111.00

Savings & Loan
 UPFC Utd PanAm Fincl Friedman Billings Cut Price Target Mkt Perform $11.50 to $8.25

Semiconductors
 TXN Texas Instruments Caris & Company Upgraded from Above Average to Buy $41
 ZRAN Zoran Needham & Co Upgraded from Hold to Buy $27
 ZRAN Zoran CIBC Wrld Mkts Upgraded from Sector Perform to Sector Outperform $28
 TXN Texas Instruments Credit Suisse Downgraded from Outperform to Neutral $45 to $35
 TXN Texas Instruments Lehman Brothers Downgraded from Overweight to Equal-weight
 TXN Texas Instruments JP Morgan Downgraded from Overweight to Neutral
 TXN Texas Instruments Jefferies & Co Downgraded from Buy to Hold $43 to $37
 TXN Texas Instruments UBS Downgraded from Buy to Neutral $44 to $38
 UCTT Ultra Clean Holdings Piper Jaffray Downgraded from Outperform to Market Perform $15
 VECO Veeco Instruments FTN Midwest Downgraded from Buy to Neutral

Solar Energy
 SPWR Sunpower Lehman Brothers Upgraded from Equal-weight to Overweight
 STP Suntech Power Lehman Brothers Price Target Raised Overweight $45 to $51
 FSLR First Solar Lehman Brothers Initiated at Overweight
 STP Suntech Power Merriman Curhan Ford Initiated at Buy
 CSUN China Sunergy Lazard Capital Initiated at Sell $6
 FSLR First Solar Merriman Curhan Ford Initiated at Sell
 LDK LDK Solar Lazard Capital Initiated at Sell $25

Telecommunications
 CRNT Ceragon Broadpoint Capital Price Target Raised Strong Buy $18 to $25
 CYCL Centennial Comms Lehman Brothers Price Target Raised Overweight $12 to $15
 AIRN Airspan Networks Brean Murray Initiated at Buy $4

Transpo-Railroads
 UNP Goldman Sachs s added to Conviction Buy List

Transportation
 RCL Royal Caribbean Lehman Brothers Price Target Raised Overweight $47 to $50
 HUBG Hub Group Robert W. Baird Downgraded from Outperform to Neutral $38 to $31

Utilities
 SO Southern Co Lehman Brothers Price Target Raised Equal-weight $36 to $37