Monday Morning, April 23rd

IceColdStocks.net Site News:

Ice Man Kudos:

Although I haven't attended Boot Camp, I am writing a check for $1500(Tax Deductible) to the Ice Man's favorite charity - Girlstown Israel. In a relatively short time, his recommendations have dramatically increased my stock portfolio. His long term pick NNRF has already increased exponentially, with the best yet to come. CFPC promises to be another winner. He is available at off market hours to provide excellent and profitable advice. One need not be a day trader to handsomely profit from the Ice Man's acumen.

If you feel similarly inclined, write a check to Girlstown, any amount will do and mail it to:

Bayith Lepleitot
1362 E 21 st.
Brooklyn ,NY11210 .

All the best,
I.K

Dear Ice Man,
I recently became a subscriber/believer/follower. Thank you for your work. I bought 5,000 CFPC today.
M.R.

Hidden Values Update:

Reports from CYRX:

·Cryoport Systems Inc. was founded in 1999 to advance the next generation of cost efficient cryogenic shipping servicing the growing, global bio pharmaceutical and biotechnology industries.

·$3.34 billion dollars is the total global market for cold shipping (biopharmaceutical clinical trials, biotech research), currently serviced by inefficient and expensive dry ice products

·Dry Ice shippers, ship at -78 degrees celsisus, requires re-icing after 48 hours and have risk of specimen deterioration and cause delays to market for drugs in clinical trials, and an increase in the number of patients per trial. Must be express overnight delivered.

·Cryoport's express one-way shipper, ships at -150 degrees Celsius, requires re-charging after 8 days. Cost less than dry Ice. Can be shipped 3-4-5-6 day mail, which also is a tremendous savings over dry ice. Doesn't need to be opened and repacked in airport terminals like dry ice during international trips.

·Other than Cryport, no company is known to have developed products designed to solve problems of shipping high value drugs at low temperatures with economic cost savings.

·Cryoport's express one-way shipper is a disruptive technology that will replace the current dry ice market of its substantial cost savings, convenience of use, and higher reliability.

·Dry ice has numerous inefficiencies including rapid sublimation back into gas, which poses both health hazards and potential explosive characteristics, if not properly ventilated. Shipping companies are limited to the amount of dry ice that can be on a truck, plane, etc. Shipping cryogenic ally eliminates these hazards.

·Over 400 vaccines are currently in development, many of which would require cryogenic shipping

·Currently, the annual shipments requiring temperature sensitive containers to be around 130 million (quote from article "Keeping Cool" in November 2006 issue of Pharmaceutical & Medical packaging)

·Over 399 cancer medicines are in development, some of which would require low temperature transport. In the future they will be shipped one dose at a time cryogenic ally. Cryoport aims to be the leading provider of shipping vessels that carry such high value medicines.
___________________

The science of cryogenics has a very long and vast history. We are currently in the throes of compiling a comprehensive overview that will provide you with an educational insight into this fascinating field of science.

At Cryoport, we are advancing this science by maximizing its benefits creating affordable cryogenic packaging solutions.

CryoPort’s mission is to provide the most cost effective packaging system that ensures conservation of temperature sensitive biological materials that are critical to the expanding biopharmaceutical and biotechnology industries.

CryoPort is dedicated to producing superior, affordable cryogenic shipping systems that maintains the integrity of scientific research advanced by the growing biopharma and biotech industries.

CryoPort understands the value of such research and is committed to evolving cryogenic shipping as a new industry standard globally for temperature sensitive materials; such as life-sustaining vaccines and other medical research that are used in clinical trials around the world.


New IceMD Recording: Diabetes Overview;


Dow Jones News:

CAT - upgraded to equal weight at Morgan Stanley;
CAT Caterpillar Prudential Price Target Raised Overweight $73 to $80
BA Boeing Prudential Price Target Raised Overweight $99 to $103
IBM IBM Lehman Brothers Upgraded from Equal-weight to Overweight
PFE Pfizer Prudential Downgraded from Overweight to Neutral $30 to $29
XOM Exxon Mobil Deutsche Securities Downgraded from Buy to Hold $80

Cramer's Comments:

Bullish: OMG, FTEK, VFC, PH, AKAM, AAPL, BA, PAP, ATI, HAL, LVLT, NYX, CMI, NOV, LMS;

Gorilla Trades:

New Potential Buys:
Herbalife (HLF): ABOVE $40.28, with a $44 first target, a $52 second target, and a $36.50 stop loss. Confirmation Volume Area= 1.3M Risk Rating = 4

Special Situation Picks:
CyberSource (CYBS)...is being re-listed...originally listed on 6/27/06 at $9.87, and then again on 8/14/06 at $10.53
Orthofix (OFIX)..is being re-listed...originally listed on 2/27/07 at $46.07

Swing Man Market Recap:
by Steve Nelson

A very impressive week for stock markets worldwide as Australia’s ASX, Canada’s TSX, and China’s SSEC each made all time highs. Closer to home, the DOW/NYA/Russell 2000/Transports/Wilshire 5000 all made new all time highs while the SPX/NAZ/NDX all made new bull market highs. The market has had a nice run in recent days and one should continue to seek out opportunities in the best looking sectors. If the NASDAQ clears its 2531 resistance area, the SP 500 may head up to test its previous highs back in 2000. Before this bull market advance is all said and done, I suspect the large cap stocks will have their day since they tend to outperform in the latter stages of a bull move. Over the weekend, I noticed many large cap stocks setting up in large basing patterns which suggests move upside in this bull cycle over time.

I decided to take a step back this weekend and take a look at the bigger picture with respect to the major indexes. Since I have recently spent so much time focusing on the NASDAQ, I decided to take a closer look at some of the other indices this weekend. The first chart below shows the Dow breaking out of a cup and handle pattern back in 2006 that measures to around the 15,000 level. However, the Dow will have to deal with trendline resistance as shown in the third chart below if the up move continues at its current pace. I have also displayed the weekly chart of the SP 500 (see 4th chart below) which is now within striking distance of the previous highs seen back in 2000. As the 5th chart shows, the SPX will also have to overcome trendline resistance before it can expect to test/make new all time highs. I have also included weekly charts of the Wilshire 5000 and the NDX. On Friday, the Wilshire 5000 broke out to new all time highs by surpassing the 15,000 level for the first time ever. This index offers a true reflection of the market/economy since it’s very broad in nature. In contrast, the weekly NDX chart shown below, shows how poorly the technology stocks have performed on balance off the 2002 lows. Consider that the NDX topped in the 4700-4800 area back in 2000 and now sits at 1845 which is not close to even a 50 percent retracement of the move down. Many techs continue to be weighed down by options investigations and high P/E ratios relative to other industry groups.

The graph immediately below shows how various indexes performed last week. Clearly, the big cap stocks picked up momentum last week and the Dow and SPX charts below are starting to look parabolic. Despite the large gains seen the big cap stocks, the Russell 2000 and the AMEX actually lost points during the week. These indexes had been outperforming recently and thus we’ll need to watch closely to see if this lack of participation is any cause for concern going forward.

Lastly, please make sure to examine the newest additions to the Hidden Treasure section. In my opinion, these three companies (NNRF, CFPC, CYRX) all have significant upside potential from their current levels.

Good Trading.


CNBC Fast Money Review:

1. The Top 3
Microsoft vs Apple
Macke: First quarter 10.9% growth in global PC shipments. HPQ raging buy.
Bolling: Buy HPQ - printers, software, data storage.
Najarian: If AAPL sales goes up 1% AAPL will be $110.

Strong on Defense?
Adami: HON up 13.6%. Loves BA. LMT going to $105. LLL going to $110.
Bolling: Likes HON.
Najarian: GD blow out quarter.

Add To Cart?
Adami: Don't understand why AMZN at 49 multiple.
Macke: Don't care about AMZN.
Bolling: No reason to own AMZN.
Najarian: AMZN looks like tech stock out of dot com bubble days.

2. Word On The Street
The Road To 13,000
Bolling: Precious, base metals working. Buy RIO, BHP.
Najarian: Financials will continue to work. Likes IBN.
Macke: Don't fight market when financials working well.

Low Dollar, High Profits
Bolling: Stay with companies with large international exposure. Likes MCD, KO, MO, HPQ.
Adami: CAT international sales up. Can go higher with US slowing.

Go Homebuilders
Adami: Home builders are at or near bottom.

Is Walmart a Bargain?
Macke: WMT could be bargain.

Taste Test Trade
Najarian: PEP earnings will be strong.
Bolling: 38% PEP sales from overseas.

Blackbery Blackout
Bolling: Still like RIMM.

Bolling's Power Plays
Bolling: Likes AEP, AES, XLU.

Throw Money From The Train
Adami: CSX up 32% since Jan but misses EPS by 6%. UNP lowered revenue, but
stock up 46% since Oct.
Najarian: Expect selling pressure in rail stocks.

Man Powers Up
Macke: MAN has compelling story.
Najarian: Loves MAN.
Adami: MAN is best of breed.
Bolling: MAN growth in Europe is fantastic.

3. CNBC's Jane Wells
Water World
Bolling: VE, SZE are buys.
Macke: ITT is a buy.
Najarian: PEP is a buy.
Adami: Jane Wells is a buy.

4. Fast Fire - Pickes That Didn't Perform
ENER - Down 6% since Najarian recommendation.
Najarian: Speechless.

PKX - Down 3% since Bolling recommendation.
Bolling: Stay with PKX. 11% growth in China.

YHOO - Missed earnings since Macke recommendation.
Macke: YHOO is dead. Was wrong on stock.

TM - Down 5% since Adami recommendation.
Adami: TM should be $140. Don't understand why not.

5. Quicker Than The Ticker - Our Top Trades
INTC - Up 5% since Macke recommendation.

AXP - Stock going higher after Najarian recommendation.

TOL - Up 6% since Adami recommendation.

DISH - Up 4% since Bolling recommendation.


Breaking News:

AstraZeneca (AZN) has notified the co that it is ending their collaboration to develop and commercialize AGI-1067. As a result of this decision, AtheroGenics (AGIX) will reacquire all worldwide rights for AGI-1067 and will continue to develop the compound. AtheroGenics has been meeting with clinical and regulatory experts to discuss the various options for further development of the compound, and the co expects to announce its strategy in May.

Evercore Patners Inc. (EVR) on Friday filed to sell 4.2 million shares with a dollar value of $139 million based on Friday's closing price of $33.02 a share. The boutique investment bank chaired by Roger C. Altman, the former Deputy Secretary of the U.S. Treasury, held its initial public offering last Aug. 11 at $21 a share. - MarketWatch

Sigma Designs Inc. (SIGM) said on Friday it has finished restating its financial results following a review of past stock options grants, and is now compliant with filings for the U.S. Securities and Exchange Commission. - Reuters

M&A Activity:

Bank of America on Monday agreed to buy LaSalle Bank Corp. for $21 billion in a deal that would help the country's second-biggest bank break into the key Midwest market. - MarketWatch

Barclay’s agreed to buy ABN Amro for $91.07 billion, in one of the largest cross-border combinations in European banking history. As part of the deal, ABN said it is selling LaSalle Bank to Bank of America for $21 billion. - WSJ

AstraZeneca agreed to buy MedImmune for $15.6 billion, in a deal that will transform the size of its biotechnology business and allow the British drug maker to enter the vaccines market. - WSJ

American Real Estate Partners (ACP) said its American Entertainment Properties subsidiary was selling its gaming operations to Whitehall Street Real Estate Funds for $1.3 billion. The New York company said it expects to realize a gain of $1 billion on its investment. - MarketWatch

Motorola Inc. (MOT) Monday agreed to acquire Terayon Communication Systems Inc. (TERN). The deal values shares of Terayon, a video processing technology provider based in Santa Clara, Calif., at $1.80 each in cash. Motorola said the total equity value of the transaction will be about $140 million. Motorola expects the deal to be completed in either the second or third quarter of 2007, and it anticipates it will be neutral to earnings per share excluding items in the first year after closing. - MarketWatch

IPO Central:

IPOs on schedule for week of 4/23:

CardioMEMS (SENS). The Company develops miniature wireless sensors to monitor chronic cardiovascular diseases. The company is selling 6M shares at the initial range between $12-$14. The company announced Revenues for the last 12 months of $2M and Net Income of $(-17)M. The Lead Manager is Bank of America and Jefferies is Co. Manager. CardioMEMS (SENS) is headquartered in Atlanta, GA and their website is www.cardiomems.com.

Cinemark Holdings (CNK). The Company Operates 396 movie theaters and 4,488 screens in the U.S. and Latin America. The company is selling 28M shares at the initial range between $17-$19. The company announced Revenues for the last 12 months of $1,103M and Net Income of $(-17)M. The Lead Managers are Lehman, Credit Suisse, and Merrill. Cinemark Holdings (CNK) is headquartered in Plano, TX and their website is www.cinemark.com.

Edenor (EDN). The Company is the largest electricity distribution company in Argentina. The company is selling 15.2M shares at the initial range between $16-$18. The company announced Revenues for the last 12 months of $445M and Net Income of $95M. The Lead Managers are Citigroup and J.P. Morgan. Edenor (EDN) is headquartered in Buenos Aires, Argentina and their website is www.edenor.com.

Ocean Power Technologies (OPTT). The Company is developing a technology to generate electricity from ocean waves. The company is selling 5M shares at the initial range between $20-$22. The company announced Revenues for the last 12 months of $2M and Net Income of $(-6)M. The Lead Managers are UBS, Bank of America, and Bear Stearns. Ocean Power Technologies (OPTT) is headquartered in Pennington, NJ and their website is www.oceanpowertechnologies.com.

OceanFreight (OCNF). The Company is a development stage company formed to acquire a fleet of commodities carriers. The company is selling 10.8M shares at the initial range between $19-$21. The company announced Revenues for the last 12 months of $N/A and Net Income of $N/A. The Lead Managers are Bank of America, and Cantor Fitzgerald. OceanFreight (OCNF) is headquartered in Athens, Greece.

IPO News:

U.S. hedge fund giant AQR Capital Management LLC is mulling an initial public offering in the wake of the successful debut of Fortress Invesment Group (FIG) , according to a recent report in the Financial Times.

IPOs for Today:

Aecom Technology Corp. (ACM) on Monday said it plans to sell 35.15 million shares at $18-$20 a share in a bid to raise $668 million. The global engineering, archtecture and consulting firm plans to trade on the New York Stock Exchange under the symbol ACM. - MarketWatch

Value Line Ratings:

Upgrades to a #1 rating:

STJ, BBBY, KO, DJ, EMC

Downgrades from #1 rating:

CBG, NVLS, CTSH, AMR, CCK

Barron's News:

If the drillers pay dividends like the tankers they believe the stocks would trade 50% higher and in a case like RIG have a $114 price.

SI - an article positive on the Chairman being ousted.

JOYG - mentioned positively;

YHOO - mentioned positively;

Upgrades/Downgrades by Sector:

Apparel
CBUK Cutter & Buck McAdams,Wright,Ragen Downgraded from Hold to Sell

Beverages
JSDA Jones Soda Stifel Nicolaus Downgraded from Buy to Hold

Broadcasting
IACI InterActive Piper Jaffray Downgraded from Outperform to Market Perform
SIRI Sirius Satellite Banc of America Sec Cut Price Target Neutral $3.50 to $2.75
XMSR XM Satellite Banc of America Sec Cut Price Target Neutral $17 to $12.50

Brokerage Services
NDAQ NASDAQ Goldman Sachs Upgraded from Neutral to Buy
BOT CBOT Holdings Goldman Sachs Downgraded from Buy to Neutral
GFIG GFI Group Goldman Sachs Downgraded from Buy to Neutral

Computer Hardware
MIPS MIPS Techs Cowen & Co Initiated at Outperform
XRX Xerox Citigroup Downgraded from Hold to Sell

Computer Services
GSIC GSI Commerce Piper Jaffray Downgraded from Outperform to Market Perform

Computer Software
DOX Amdocs Robert W. Baird Upgraded from Neutral to Outperform $37 to $44
SAY Satyam Computer Prudential Price Target Raised Neutral $23 to $28

Environmental Prod
CCC Calgon Carbon Brean Murray Upgraded from Hold to Buy $10
AW Allied Waste Thomas Weisel Coverage Dropped
RSG Republic Services Thomas Weisel Coverage Dropped
WCN Waste Connections Thomas Weisel Coverage Dropped
WMI Waste Mgt Thomas Weisel Coverage Dropped

Healthcare
VRTX Vertex Pharm Needham & Co Downgraded from Buy to Hold

Healthcare Equipment
ALGN Align Tech JP Morgan Upgraded from Neutral to Overweight
ANGO AngioDynamics Sun Trust Rbsn Humphrey Upgraded from Neutral to Buy $20

Insurance
ACGL Arch Capital Wachovia Upgraded from Mkt Perform to Outperform
CVH Coventry Health Care CIBC Wrld Mkts Downgraded from Sector Outperform to Sector Perform

Investment Company
KCAP Kohlberg Capital Stifel Nicolaus Downgraded from Buy to Hold

Mining - Minerals
BTU Peabody Energy AG Edwards Upgraded from Hold to Buy
BTU Peabody Energy HSBC Securities Price Target Raised Overweight $50 to $55
BTU Peabody Energy Friedman Billings Price Target Raised Outperform $70 to $73
CNX CONSOL Energy HSBC Securities Price Target Raised Neutral $35 to $40
MEE Massey Energy HSBC Securities Price Target Raised Neutral $26 to $27
ACI Arch Coal HSBC Securities Cut Price Target Overweight $45 to $43

Mining - Silver
SLW Silver Wheaton CIBC Wrld Mkts Upgraded from Sector Underperform to Sector Perform $11 to $12.50

Motion Pictures
NFLX Netflix Roth Capital Cut Price Target Sell $20.50 to $17

Motor Vehicles
TEN Tenneco Citigroup Downgraded from Buy to Hold

Oil and Gas
VLO Valero Energy Goldman Sachs Upgraded from Neutral to Buy
COP ConocoPhillips Deutsche Securities Downgraded from Buy to Hold $72
EOG EOG Resources Citigroup Downgraded from Buy to Hold
TSO Tesoro Petroleum Friedman Billings Downgraded from Outperform to Mkt Perform $96
XTO XTO Energy Citigroup Downgraded from Buy to Hold
EEP Enbridge Energy Friedman Billings Coverage Dropped $46
OKS ONEOK Partners Friedman Billings Coverage Dropped $51
PAA Plains All Amer Friedman Billings Coverage Dropped $48
TPP TEPPCO Partners Friedman Billings Coverage Dropped $36

Paper and Packaging
ATR AptarGroup Matrix Research Downgraded from Buy to Hold

Real Estate
PVR Penn Virginia AG Edwards Downgraded from Buy to Hold
TCO Taubman Centers JP Morgan Downgraded from Overweight to Neutral

Regional Banks
ZION Zions Bancorp Citigroup Upgraded from Hold to Buy
IBCA Intervest Bancshares Corp Stifel Nicolaus Initiated at Buy $41
PBKS Provident Bank Stifel Nicolaus Initiated at Buy $40
PRTR Partners Trust Stifel Nicolaus Initiated at Sell

REITs
CLI Mack-Cali Realty Citigroup Upgraded from Sell to Hold
O Realty Income Citigroup Upgraded from Sell to Hold
RPT Ramco-Gershenson Cantor Fitzgerald Price Target Raised Buy $43 to $45

Retail Trade
AMZN Amazon.com Piper Jaffray Downgraded from Market Perform to Underperform
PETS PetMed Express Piper Jaffray Downgraded from Outperform to Market Perform
ABG Asbury Automotive Calyon Securities Coverage Dropped $27
AN AutoNation Calyon Securities Coverage Dropped $24.50
GPI Group 1 Auto Calyon Securities Coverage Dropped $53
LAD Lithia Motors Calyon Securities Coverage Dropped $20
SAH Sonic Automotive Calyon Securities Coverage Dropped $33
UAG United Auto Calyon Securities Coverage Dropped $26

Savings & Loan
WBS Webster Financial Friedman Billings Cut Price Target Mkt Perform $45 to $43

Securites Exchange
NYX NYSE Euronext Goldman Sachs Downgraded from Neutral to Sell

Security Systems
JCI Johnson Controls Banc of America Sec Price Target Raised Buy $120 to $135

Semiconductors
MU Micron AG Edwards Upgraded from Sell to Hold
NVLS Novellus Matrix Research Upgraded from Buy to Strong Buy
IRF Intl Rectifier Cathay Financial Downgraded from Outperform to Neutral
ZRAN Zoran Needham & Co Downgraded from Buy to Hold
UTEK Ultratech Merriman Curhan Ford Coverage Dropped

Telecommunications
CELL Brightpoint Cowen & Co Upgraded from Neutral to Outperform
JNPR Juniper Networks UBS Upgraded from Neutral to Buy
ADTN ADTRAN Brean Murray Downgraded from Hold to Sell $21.50

Transportation
SAIA Saia BB&T Capital Mkts Upgraded from Underweight to Hold
OSG Overseas Shipholding Cantor Fitzgerald Price Target Raised Buy $74 to $80

Utilities
AWR Amer States Water Matrix Research Upgraded from Sell to Hold
PCG PG&E Citigroup Upgraded from Hold to Buy
EEQ Enbridge Management Friedman Billings Coverage Dropped $44


___________


The New York Times - NEW!

For years, music labels have been trying to prevent fans from downloading their songs on peer-to-peer filesharing networks. Now, some of them would like to encourage people to listen to music that way — provided they view some advertising first.

APR 23rd Former SpiralFrog executives join Qtrax

CNet News
[image: thumbnail]"We're going to help monetize themselves through advertising," Kent said of Qtrax. "Everybody has been talking about the advertising model, but there's actually very few people that know how to make that happen. We proved in our time at SpiralFrog, by what we were able to put in place in terms of potential deals, that we knew how to make this happen."

APR 23rd Former SpiralFrog Management Team Launches New Interactive Services Advertising Agency

Rebel Digital
"Former SpiralFrog CEO and Chief Sales and Marketing Officer — Robin Kent and Lance Ford—Sign Qtrax as Client; Will Lead Ad Sales for World's First Legal and Free P2P Music service"

QTRAX Announces Agreement With SONY BMG MUSIC ENTERTAINMENT To Provide QTRAX, The First Legal Ad - Supported P2P Music Network, With Access To SONY BMG MUSIC ENTERTAINMENT's Catalog Of Recordings

Qtrax News
Through this agreement, users of Qtrax will be able to access songs from the SONY BMG MUSIC ENTERTAINMENT catalog of recordings for a predefined number of times. Each time a consumer plays a track, the Qtrax player will also offer fans click-to-buy purchase options.