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Equitex, Index Performers Edison International, Energy Conversion Devices, Evergreen Solar Poised to Grow.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Due to Global Energy Crisis, Global Warming global warming, the gradual increase of the temperature of the earth's lower atmosphere as a result of the increase in greenhouse gases since the Industrial Revolution.  and Clean Energy Source Interest In Alternative Energy Sector, Says Investrend Research Analyst Piyali Chakravarty

(Investrend Research Syndicate) Alternative Energy Sector spotlight company Equitex, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: EQTX), and ISE-CCM Alternative Energy Index components Edison International (NYSE NYSE

See: New York Stock Exchange
: EIX EIX Electrochemical Ion Exchange
EIX European Internet Exchange
), Energy Conversion Devices (NASDAQ: ENER) and Evergreen Solar (NASDAQ: ESLR ESLR Expected Schoolwide Learning Results
ESLR Equivalent Slr
) are among public companies poised to grow due to the global energy crisis, global warming and clean energy source interest, according to Investrend Research analyst Piyali Chakravarty.

The analyst also stated:

"Alternative Energy uses sources or technologies that are not typically used in producing or delivering energy to most customers. With the sharp increase in the prices of conventional fossil fuels, turmoil in the Middle East, a national energy policy investing in alternatives to gasoline, a growing push by state governments to require renewable energy standards and increasing concern about global warming and power outages, alternative energy sources are garnering increasing attention.

We have grouped Alternative Energy into: Unconventional power generation, Fuels and Energy Efficiency. The greatest growth is expected from solar, wind and biomass. Nuclear and hydroelectric are established growth areas.

Since roughly two-thirds of the oil used in the US is for transportation, energy security advocates are focusing on hybrid and plug-in hybrid vehicles to save gasoline, and on biofuels - ethanol and biodiesel."

The coverage, commissioned by Cronus Capital Markets (http://www.cronuscapitalmarkets.com), and which provides the Alternative Sector index in partnership with International Securities Exchange (NYSE: ISE Ise (ē`sā), city (1990 pop. 104,164), Mie prefecture, S Honshu, Japan, on Ise Bay. It is one of the foremost religious centers of Shinto, the site of the shrines of Ise. ), will be updated quarterly, and is the first to continuously monitor the Alternative Energy sector.

The report is available in its entirety, along with the Sector Spotlights at http://www.investrendresearch.com

The Equitex Inc. Sector Spotlight analyst is Oren Meytes, 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. .

Enrollment in standards-based research is an important measure of a company's commitment to transparency and Good Governance. Investrend Research's pioneering program facilitates independent analysts to provide coverage for shareholders in companies that otherwise would have little or no analyst following. Investrend subscribes to the "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com. Enrollment fees for Spotlight Analytics coverage are $4,000 per quarter and the fees were paid by Equitex. Analysts are paid in advance of initial reports by Investrend Research to eliminate pecuniary Monetary; relating to money; financial; consisting of money or that which can be valued in money.


pecuniary adj. relating to money, as in "pecuniary loss.
 interest, and neither the analyst nor employees of Investrend Research may own or trade stocks of companies under coverage.

Complete information is available at each covered company's InvestorPower page at http://www.investrend.com/company/list.asp?sPathParam=yes. Investors are advised to read disclosures carefully before trading in the equities of any enrolled company.

Anyone interested in receiving alerts regarding Alternative Energy research should email contact@investrend.com with "ALT" in the subject line.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 17, 2006
Words:450
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