Disclaimer

Company Profile for Idaho General Mines, Inc.

Idaho General Mines, Inc. (OTCBB:IGMI), an Idaho Corporation, was incorporated in 1925 as General Mines Corporation. The company was formed for the purpose of acquiring, exploring, and if warranted, developing mineral resource properties, primarily precious and associated base metals. The company has not conducted any mineral exploration activities for a number of years. The company has been dormant except for occasional timber harvesting. Due to increased prices for gold and silver and a more favorable climate for financing mineral exploration companies, in 2003, the Board of Directors decided to engage in mineral exploration.

DailyTrends.com Selects NuTech Digital as ``Stock Pick of the Week''

"Stock Can Easily Double in the Next 8 to 12 Months," According to Report as Wall Street "Whiz Kid" Calls Stock, "Very Compelling to Consider Owning"

Wall Street "WizKid" Chris Lahiji, who at 20 is the youngest person ever to professionally manage a mutual fund, has selected NuTech Digital (OTCBB:NTDL) as his "Stock Pick of the Week." According to the report, the "stock can easily double in the next 8 to 12 months."

Lahiji, whose investing talents were promoted to the investment world in a Business Week Magazine feature article last April, manages the Frontier Equity Fund (FEFPX) and is also the President of DailyTrends.com.

Lahiji, in his report, cited the fact that, "NuTech can become much more than a company just selling no-name DVDs for cheap. The potential of DRM and the emergence of VOD (Video on Demand) is a much larger market than the one in which they are currently in.

Yahoo! Finance Today's Markets

Close: It was a bit of a lopsided market today as the blue chip averages took a backseat to the Nasdaq, which was aided by strength in its technology, industrial and transportation components...Credit for the Nasdaq's advance was again attributed to a bounce from oversold conditions ... Fittingly, then, the beaten-down semiconductor sector occupied a leadership spot today along with the software, telecom equipment, and computer issues...
The underperformance of the blue chips can be blamed largely on the consumer staples sector, which took a hit after Coca-Cola Enterprises (CCE 20.63, -4.40) disappointed with its Q2 report and guidance; meanwhile, Gillette (G 38.16, -2.26), which topped the consensus EPS estimate by a penny, failed to live up to the market's more bullish expectations... Laggards in the sector included the household products, beverage, food distribution, and personal products groups... Separately, the auto group was another pocket of blue chip weakness after General Motors (GM 42.75, -1.37) got hit with downgrades from both Goldman Sachs and Lehman Bros. that were tied in part to inventory concerns...

Oil prices remained a focal point for the market, only this time they were viewed in a positive light as they took a dip following some clarification on the status of Russian oil company OAO Yukos... Recall that oil prices surged yesterday in the wake of reports that Yukos was ordered to stop oil sales... In fact, Yukos has been barred from selling property, not from producing and selling oil... That news took some wind out of the energy market in the early-going, but by

Stock Patrol - The Radar Screen#072904: "In June 2003, the Securities and Exchange Commission granted the NASD the power to issue temporary cease and desist orders in order to curtail fraudulent brokerage practices. This week, the NASD announced that it had exercised that authority for the first time, seeking an immediate halt to ongoing fraudulent practices engaged in by LH Ross, a brokerage firm based in Boca Raton, Florida. If the order is granted, it is likely to remain in place until the underlying proceeding is concluded.

The NASD says that LH Ross has used fraudulent and unlawful sales activities relating to unregistered private placements of securities that have raised over $7 million for the firm. In its complaint, the NASD charged that at least 15 LH Ross brokers, working at eight separate branch offices in Florida and New York, made material misrepresentations and failed to provide important information in connection with private sales of LH Ross stock. More than 140 LH Ross customers invested in these private placements, enabling the brokerage firm to raise over $7 million. "

CMS Technology purchased by Stafford firm - 2004-07-29 - San Antonio Business Journal

Systems Evolution Inc. (OTCBB: SEVI), a Stafford, Texas-based information technology services company, has acquired CMS Technology Services.


CMS is a San Antonio-based IT and network support services company. Neither company disclosed the purchase price.

"We are excited to become part of the Systems Evolution family," Mitch Sowards, owner and general manager of CMS. "Joining (the company) brings access to greater resources, products and services than we have been able to provide in the past.

HQ Sustainable Maritime Industries Prepares to Re-Enter European Market
European Commission Lifts Ban on Importing China Food Imports HQ Re-Establishing Distributor Networks NEW YORK - PRNewswire-FirstCall - July 29
NEW YORK, July 29 /PRNewswire-FirstCall/ -- HQ Sustainable Maritime Industries, Inc. (BULLETIN BOARD: HQSM) (HQ), a Sino-Canadian Joint Venture engaged in integrated aquaculture and aquatic product processing, announced today it intends to take immediate advantage of the European Commission's decision on July 15 to authorize the import from China of numerous products of animal origin, including shrimps and farmed fish, relaxing an 18-month ban imposed for food safety reasons.

Said Norbert Sporns, HQ's CEO, "This is an opportunity that we have been waiting for. We are already interviewing the distributors with whom we worked before. We expect to complete the establishment of our distributor network and renew sales into Europe by the end of 2004. Our products and brand have received great market acceptance in the U.S. The European market presents us with a tremendous opportunity for growth."

HQ Sustainable Maritime Industries Prepares to Re-Enter European Market
European Commission Lifts Ban on Importing China Food Imports HQ Re-Establishing Distributor Networks NEW YORK - PRNewswire-FirstCall - July 29
NEW YORK, July 29 /PRNewswire-FirstCall/ -- HQ Sustainable Maritime Industries, Inc. (BULLETIN BOARD: HQSM) (HQ), a Sino-Canadian Joint Venture engaged in integrated aquaculture and aquatic product processing, announced today it intends to take immediate advantage of the European Commission's decision on July 15 to authorize the import from China of numerous products of animal origin, including shrimps and farmed fish, relaxing an 18-month ban imposed for food safety reasons.

Said Norbert Sporns, HQ's CEO, "This is an opportunity that we have been waiting for. We are already interviewing the distributors with whom we worked before. We expect to complete the establishment of our distributor network and renew sales into Europe by the end of 2004. Our products and brand have received great market acceptance in the U.S. The European market presents us with a tremendous opportunity for growth."

Louisiana State University & Bionomics Sign Cancer Gene Therapy Agreement

ADELAIDE, Australia, July 29 /PRNewswire-FirstCall/ -- The Louisiana State University Health Sciences Center in Shreveport (LSUHSC-S) and Bionomics Limited (BULLETIN BOARD: BMICY) today announced that they have finalized an agreement for collaborative study of a Bionomics proprietary gene (BNO69) that shows promise for treating cancer.

"The grouping of the Bionomics gene discovery platform with our delivery technology and preclinical testing expertise offers great potential for turning new therapeutic genes into clinical applications," said J. Michael Mathis, Ph.D., Associate Professor of Cellular Biology and Anatomy and Director of the LSUHSC-S Gene Therapy Center, a component of the Louisiana Gene Therapy Research Consortium, Inc. Dr. Mathis's research group has developed a gene therapy delivery system that is highly efficient against solid tumors.

Superior Essex Inc. Reports Strong Revenue Growth and Profitability Gains in the Second Quarter of 2004

Financial Results Presentation

Superior Essex Inc. ("Superior Essex" or the "Company") was incorporated in 2003, and on November 10, 2003 acquired the assets and businesses formerly conducted by Superior TeleCom Inc. ("Superior TeleCom") through a Plan of Reorganization under Chapter 11 of the Bankruptcy Code. Superior TeleCom's historical results for the three and six month periods ended June 30, 2003 are being presented along with the results of Superior Essex for the same periods in 2004. The historical financial results of Superior TeleCom are not necessarily comparable with the financial results of Superior Essex due to the adoption by Superior Essex of "fresh-start" reporting and the significant change in capital structure resulting from the Plan of Reorganization.

Second Quarter and Year-to-Date Financial Results

For the quarter ended June 30, 2004, Superior Essex reported revenues of $357 million, compared to revenues of $249 million reported by Superior TeleCom in the second quarter of 2003. The increase in revenues included the impact of higher copper prices in 2004 compared to 2003. Adjusted to a constant cost of copper, second quarter 2004 revenues grew 17.4% compared to the second quarter of 2003. On a sequential basis, second quarter 2004 copper adjusted revenues increased 16.8% over the first quarter of 2004.

Satellite Newspaper KiOsk

Satellite Enterprises Corp (OTCBB:SENR) through its subsidiary, Satellite Newspapers Suisse GmbH announced today that it has joined forces with Mr. Meijer head of SN Europe SL. to be the exclusive regional distributor for all Satellite Newspaper Products in Europe. Mr. Meijer, who has a history with the executives of Satellite Newspapers Suisse, will pay US $6,000,000 minimum for the rights to place Satellite Products throughout Europe within 20 years.

AP Wire | 07/05/2004 | Golfing under dome? Developer recruits backers for Mississippi resort: "This month, Hawrelechko will finalize his takeover of a company called Synergy 2000 (OTCBB:SYNY), according to Synergy president Eli Dubich. California-based Synergy is a technology consulting firm that currently sells stock at 45 cents per share on the OTC Bulletin Board." This looks like a great story developing!

Yahoo! Finance Today's Markets

Close Dow -51.33 at 10282.83, S&P -3.56 at 1125.38, Nasdaq -8.89 at 2006.66: The major indices picked up where they left off yesterday (down), although their losses were not nearly as large (-0.3% to -0.5%)... The June employment report proved to be disappointing to investors, although upon reflection, its numbers seemed to carry some positive implications for the market... Hence, today's pullback was fairly contained and orderly...
Three out of the four components of the jobs data missed consensus expectations: average hourly earnings at +0.1% (consensus of +0.3%), average work week at 33.6 hours (consensus of 33.8 hours), and nonfarm payrolls at 112K (consensus of 250K)... The unemployment report (at 5.6%) was the only thing that met the consensus forecast... The indices turned south immediately following the numbers, but never traveled significantly below their opening lows - perhaps because investors reasoned that the Fed would be less inclined to tighten significantly off the data... The bond market also staged an impressive rally following the report - the 10-year note up 27 ticks - and helped bring interest rates lower... Hence, interest rate sensitive stock groups - like homebuilding, REIT, gold, and utility - attracted the interest of buyers...

The majority (health care, tech, retail, and industrial) of sectors did not, with the most significant laggard being semiconductor... A Deutsche Securities downgrade of Intel (INTC 26.30 -0.72) to Hold from Buy - citing supply chain uncertainties - brought that group down... SOX -2.1, NYSE Adv/Dec 2149/1149, Nasdaq Adv/Dec 1435/1588

3:30PM : Stock market pares its losses a tad, but has made little progress in staging a full-blown recovery... Investors continue to use the soft June employment report as an excuse to reduce exposure - particularly as we head out for the 3-day weekend and worries about terrorist activity loom... Volume has been anemic with the Nasdaq having just crossed the 1 bln mark... Right now, it looks questionable if the NYSE will break that level... Next week, Alcoa (AA 32.11 +0.19) will kick off the June quarter reporting season on Wednesday...

Yahoo! (YHOO 33.75 +0.55) is also on that day, and General Electric (GE 31.72 +0.29) will follow on Friday... For a full run down on next week's events, please visit Looking Ahead...NYSE Adv/Dec 2128/1152, Nasdaq Adv/Dec 1404/1593

3:00PM : Market hangs around its earlier levels as buyers remain a hesitant bunch... Even though the market has been locked in a range over the past three months and journalist coverage has been negative, it's important to point out that the S&P 500 actually advanced 2.6% in the first half of 2004... For its part, Briefing.com expects more of the same in the second half of 2004... Earnings estimates that have been revised higher will bring the market's P/E multiple lower, which should attract more buying interest in stocks...

We would not that the P/E is already at 20.5 (down from around 33.0 last year) and will likely close the year near 19.0... NYSE Adv/Dec 2073/1199, Nasdaq Adv/Dec 1371/1611

2:30PM : Major indices have held around their earlier levels... Down volume has outpaced up volume at the NYSE and Nasdaq, and market internals at the Composite have been negative... The only areas that have found buying interest at this juncture have been financial and energy.... The latter is a bit surprising as the price of crude oil has actually declined 1% to $38.39/bbl... Still, the commodity is well off its 3-month lows it hit earlier this week, and that has likely supported the price of crude oil's climb....NYSE Adv/Dec 2054/1213, Nasdaq Adv/Dec 1358/1608

2:00PM : Stocks continue to tread water in negative territory as traders remain non-committal towards shares... The action in Asia and Europe has mirrored that in the US, although its losses have arguably come as a result of yesterday's pullback... Right now, the Dow, Nasdaq, and S&P 500 are all down for the week, although this cannot be necessarily credited to the many events (Iraq's handover, the FOMC's meeting, the June employment report) that took place... The market actually finished flat, to slightly lower, on those days...NYSE Adv/Dec 2090/1152, Nasdaq Adv/Dec 1333/1607

1:30PM : The bears continue to exert control over the market proceedings and keep the indices below the flat line... The broader market has been unable to stage a recovery effort today as the majority of most S&P sectors (industrial, consumer discretionary, technology, material, and telecom) have traded in the red... Briefing.com has noted that summer trading is generally weak in nature - as most of the major players are on vacation and there is a lack of upside catalysts...

We believe the same trend will persist this year, especially in light of several events (the Republican and Democratic National Conventions, the Olympics) that are apt to be terrorist targets... Rallies will probably lack momentum - making it difficult for the market to sustain an advance over more than two days...NYSE Adv/Dec 2026/1203, Nasdaq Adv/Dec 1246/1655

1:00PM : Little change in the trading activity as the indices remain on the defensive... Economically-sensitive stocks have been especially hard hit today (off the weak employment data), as demonstrated by the Dow... Some of the biggest losers are Caterpillar (CAT 76.42 -1.76), DuPont (DD 43.43 -0.45), and Alcoa (AA 31.97 -0.33)... Conversely, issues that have bucked the trend and headed higher have been Pfizer (PFE 34.08 +0.15), Merck (MRK 47.14 +0.09), and Coca-Cola (KO 50.86 +0.80) - i.e. primarily defensive-oriented stocks...NYSE Adv/Dec 2000/1221, Nasdaq Adv/Dec 1218/1666

12:30PM : Equity market extends its losses, hitting new session lows in the case of the blue chip averages... Conviction on the part of buyers has been weak, and thus the market has taken the path of least resistance... Most industry groups have traded lower, including biotech, tech, brokerage, and energy... The medical device space has seen a lot of action today, due to two separate developments...

Guidant (GDT 54.70 -0.80) announced last night that its Champion drug-eluting stent filing would be delayed by 6-8 months, to 1Q05, and Boston Scientific (BSX 42.21 -0.49) just revealed it is voluntarily recalling approximately 200 units of its Taxus stent...NYSE Adv/Dec 2009/1171, Nasdaq Adv/Dec 1253/1598

12:00PM : Stocks have been underwater all morning following the June employment report that came in softer than economists expected... The average work week dropped to 33.6 hours (consensus of 33.8 hours), average hourly earnings rose just 0.1% (consensus of 0.3%), and nonfarm payrolls increased 112K - a solid gain, but below even the lowest estimate (160K) in the consensus (250K)... The unemployment rate (at 5.6%) is the only component that matched the consensus expectation...

Traders have used the negative headline buzz as an excuse to lighten positions; however, selling has not been very widespread or pronounced... The fact that the slower job growth gives more incentive for the Fed to tighten just 25 basis points (as opposed to 50) has provided some floor to the selling... The only groups that have been hit hard have been areas of technology like semiconductor, and that has been off a Deutsche Securities downgrade of Intel (INTC 26.48 -0.54) to Hold from Buy... Some stocks have actually found a bid off the jobs report, such as homebuilding, utility, and gold... The bond market has rallied across the curve, pushing down yields and helping interest-rate sensitive issues...NYSE Adv/Dec 1939/1215, Nasdaq Adv/Dec 1219/1596

11:35AM : Stocks dip lower as today's choppy session persists... Volume has been extraordinarily light due to the impending 3-day weekend (market is closed Monday in observance of Independence day), and that has left the indices vulnerable to wide swings... Both the Big Board and the Nasdaq have not broken 600 mln shares - a level that is normally reached by at least 11 ET on the Composite... The June employment report has prompted a lackluster reaction from investors - not strong enough to raise pricing concerns, but not weak enough to bring thoughts of a jobless recovery...

Briefing.com believes the number was dead-on and suggests that the economy is rising at a good, solid pace...NYSE Adv/Dec 1928/1165, Nasdaq Adv/Dec 1194/1545

11:00AM : Market continues to improve its stance, but has yet to cross the unchanged mark... The semiconductor group continues to lag behind and keep the indices in negative territory, just as it did yesterday... Today's pressure largely stems from a Deutsche Securities downgrade of Intel (INTC 26.46 -0.56) to Hold from Buy.... The firm believes supply chain uncertainties surrounding the Grantsdale chipset and Taiwan MB shipments have put Intel's Q3 (Sept) D/T growth at risk... Currently, the semiconductor index (SOX) is down 2.0%...NYSE Adv/Dec 1849/1153, Nasdaq Adv/Dec 1139/1534

10:30AM : Major indices improve some under the auspices of mixed market internals... Advancers actually lead decliners at the NYSE, but decliners outpace advancers by a nearly 2-to-1 margin at the Nasdaq... Although it was better than expected, the May factory orders report has not provided much relief to the market... Factory Orders fell 0.3% (consensus of -0.7%) as a 1.8% drop in durable goods orders was somewhat offset by a 1.5% jump in nondurables... Briefing.com would stress that the trend is key in this volatile data series, and point out that annual growth in factory orders is 13%...NYSE Adv/Dec 1587/1299, Nasdaq Adv/Dec 975/1562

10:00AM : Equities continue to head lower amid pronounced selling in tech... Semiconductor, networking, internet, hardware, and computer services have all tacked up losses greater than 1%, and sent the Nasdaq deep (-0.8%) into negative territory... Industry groups in the broader market, however, have performed a bit better... Interest rate sensitive areas - like homebuilding, gold, and utility - have found impressive buying interest in response to the fall in bond yields...

Separately, the May Factory Orders reports was just released, and dropped 0.3% - actually better than the consensus estimate of -0.7%... The pace of selling has actually eased in response... NYSE Adv/Dec 1474/1100, Nasdaq Adv/Dec 896/1366

9:40AM : Stock market opens slightly lower following the much weaker than expected June employment report... Nonfarm payrolls rose 112K - less than half the amount called for by the consensus (+250K) - and average hourly earnings increased just 0.1% (consensus of +0.3%)... May nonfarm payrolls were also revised lower, to 235K from 248K, and exacerbated the concern over job growth... However, the soft data have also served a positive purpose for the bulls - as it lessens the likelihood of a large (50 basis point) Fed tightening in June...

Interest rates have already started to come down, the bond market rallying across the curve... May factory orders are the last report of the day, and are due out at 10 ET... The consensus stands at -0.7%...

9:15AM : S&P futures vs fair value: -0.7. Nasdaq futures vs fair value: -1.5. Futures trade continues to sport the slightest of losses, suggesting a slight pullback at the open... The treasury market, however, has taken off in response to the weak employment report, the 10-year note now up 33 ticks.

9:02AM : S&P futures vs fair value: -1.7. Nasdaq futures vs fair value: -0.5. Futures indications continue to point to a weaker open, but have actually come off their lows following the June nonfarm payrolls miss... The realization that the slower job growth will temper expectations for a Fed rate hike in August (especially by 50 basis points) has helped the cause of bulls.

8:32AM : S&P futures vs fair value: -3.5. Nasdaq futures vs fair value: -1.0. Futures market dips on the much weaker than expected June nonfarm payrolls data... The May figure was also revised somewhat lower, to 235K from 248K... The headline has prompted immediate selling, indicating a lower open for the cash market.

8:00AM : S&P futures vs fair value: -0.8. Nasdaq futures vs fair value: +2.5. Looks like a fairly lackluster open for the cash market... Large losses in the Asian and European bourses, combined with some apprehension ahead of the 8:30 ET release of the June employment report, have left buyers anxious... Tech is slight higher in the pre-market - most likely a bounce off its drubbing (Nasdaq -1.6%) yesterday.

6:32AM : S&P futures vs fair value: -0.3. Nasdaq futures vs fair value: +2.5.

6:32AM : FTSE...4408.30...-16.40...-0.4%. DAX...4019.09...-15.93...-0.4%.

6:32AM : Nikkei...11721.49...-174.52...-1.5%. Hang Seng...12220.13...-65.62...-0.5%.

Http://www.EquityGroups.com