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Dutton Associates Announces Investment Opinion: BluePoint Energy Strong Speculative Buy Rating Maintained By Dutton Associates.


EL DORADO El Dorado, legendary country of South America
El Dorado (ĕl`dərä`dō, –rā`–) [Span.,=the gilded man], legendary country of the Golden Man sought by adventurers in South America.
 HILLS, Calif. -- Dutton Associates updates its coverage of BluePoint blue·point also blue point  
n.
A small oyster (Crassotrea virginica) found chiefly in coastal waters of the eastern United States and usually eaten raw.
 Energy (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CPEU) maintaining a Strong Speculative Buy rating and a $2.10 price target. The 9-page report by JM Dutton senior analyst Richard W West, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S.  is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.

On March 2, 2006, we increased our rating for BluePoint Energy to Speculative Buy with a 12-month price target of $1.00 per share. The increased rating was in response to BluePoint's announcement of an initial Discount Energy Agreement with an operating company operating company

A business that engages in transactions with outsiders.
 of Starwood Vacation Ownership, Inc. On May 25, 2006, BluePoint joined with URS URS Yours
URS Ultimate Roulette System
URS Uniform Reporting System
URS User Requirement(s) Specification
URS Undergraduate Research Symposium
URS Unified Registration Statement
URS Undergraduate Research Scholars
 Corporation to respond to a request for qualifications (RFQ RFQ Request For Quote
RFQ Request For Quotation
RFQ Request for Qualifications (part of a potential client's preliminary selection process)
RFQ Radio Frequency Quadrupole (accelerator technology) 
), solicited by the State of California Department of Corrections and Rehabilitation (CDCR CDCR California Department of Corrections and Rehabilitation
CDCR Canaliculodacryocystorhinostomy (surgical procedure)
CDCR Conceptual Design and Cost Review
CDCR Compact Disc Clock Radio
CDCR Centralized Data Collection and Reduction
), to provide energy conservation services to 33 adult institutions and 7 juvenile justice facilities. BluePoint announced on August 7, 2006, the signing of a 10-year Master Discount Energy Purchase Agreement with the Macy's East division of Federated Connected and treated as one. See federated database and federated directories.  Retail Holdings, Inc. The shares were upgraded to Strong Speculative Buy. Now BluePoint Energy is at the execution phase in its progress toward complete commercialization of its EnvironGen Energy Modules to meet the energy savings needs of many government and commercial entities. We believe that BluePoint is on the cusp of national and world-wide recognition as the go-to-corporation to provide low cost capital energy saving equipment. It is too early to present an income model for BluePoint Energy; however, we will be monitoring BluePoint's progress in the coming months, as events unfold with the URS response to the CDRC's RFQ.

About Dutton & Associates

Dutton & Associates is one of the largest independent investment research firms in the U.S. Its 31 senior analysts are primarily CFAs, and have expertise in many industries. Dutton Associates provides continuing analyst coverage of over 140 enrolled companies, and its research, estimates, and ratings are carried in all the major databases serving institutions and online investors.

The cost of enrollment in our one-year continuing research program is US $39,500 prepaid before commencement of our research activities, consisting of 4 Research Reports, typically published quarterly, and requisite Research Notes. Dutton Associates received $58,000 from the Company for 8 Research Reports with coverage commencing on 7/29/2004. The Firm does not accept any equity compensation. Our principals and analysts are prohibited from owning or trading in securities of covered companies. The views expressed in this research report accurately reflect the analyst's personal views about the subject securities or issuer. Neither the analyst's compensation nor the compensation received by us is in any way related to the specific ratings or views contained in this research report or note. Please read full disclosures and analyst background at www.jmdutton.com before investing.
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Publication:Business Wire
Date:Oct 24, 2006
Words:468
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