The Micro Cap Opportunity

05/14/2008
‘Before the Bell’ for Thursday, May 15th, 2008

The Micro Cap Opportunity 'Daily'
‘Before the Bell’ for Thursday, May 15th, 2008

On the Radar: BIHC, SPZI, WNYN, SOLM, CRGN, EDGR

This morning's top Micro Cap trading ideas include, BIH Corp. (OTCPK: BIHC), Spooz, Inc. (OTCPK: SPZI), Warp 9, Inc. (OTCBB: WNYN), Solomon Technologies, Inc. (OTCBB: SOLM), CuraGen Corporation. (NASD: CRGN), EDGAR Online, Inc. (NASD: EDGR).

BIH CORP. (OTCPK: BIHC)
Up 21.74% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=BIHC.PK

Company Is A Restaurant Contracting & Equipment Sales Holding Company.

 
Recent BIHC News:

May 14, 2008 - Baron International Chooses Valley National Bank as Its Exclusive Bank for Lease Financing

Baron International, a subsidiary of BIH Corporation (PINKSHEETS: BIHC), today announced that it has chosen Valley National Bank as its exclusive lease financier.

Baron International a major hospitality vendor has agreed with Valley National Bank that they will be the exclusive financing source for all of Baron's clients that require financing.

"The company in the past has depended upon Brokers and others as a source of financing for its clients, this is no longer the case as I have agreed to have Valley National Bank as our exclusive source of financing. This action will accelerate profits and sales, as we now have a lender of choice. The company believes that this new source of financing will increase sales by $5,000,000 a year or more," said Mr. Robert Ingala President of Baron International.

SPOOZ, INC. (OTCPK: SPZI)
Up 42.86% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=SPZI.PK

Spooz, Inc. is an independent software vendor developing revolutionary trading solutions for active and professional electronic traders. Spooz's suite of technology products provide the most versatile configuration of trading screens, analysis screens and automated trading systems in a fast growth financial marketplace.

Spooz is a trading solutions company focused on next generation traders. SpoozToolz(TM), AlgoServer(TM), SpoozChartz(TM) Spooz AutoSpreader(TM), ToolzKit(TM) and Spooz CPM(TM), the Company's flagship products, enable any trader to quickly and efficiently bridge the gap between concept and execution. The value of the SpoozToolz platform it that it allows any trader to create trading applications that retain flexibility and customizability, are simple to use, and that facilitate bringing the traders ideas to production before opportunity for profit is lost.

Recent SPZI News:

May 14, 2008 - Spooz Launches Strategy Control Dashboard for SpoozToolz(TM)

Spooz, Inc. (OTC: SPZI) announces the release of powerful new strategy control features for SpoozToolz that empower brokers and traders to run, monitor and manage multiple automated trading strategies simultaneously:

    --  Rapid development, deployment and production of algorithmic

        trading strategies;

    --  Connectivity to exchanges, brokers, data, and third party

        applications; and,

    --  Control of multiple strategies and their associated risk and

        profit targets.

SpoozToolz utilizes Microsoft(R) Excel(R) as the Graphical User Interface (GUI) because it is the global standard for financial analysis and trading decision support. There are 440 million installations of Excel globally and it is supported in more than 50 languages. SpoozToolz adds toolbar functions to Excel that enable the trader to quickly and easily create quote and click oriented trading screens, algorithmic and "black-box" systems. SpoozToolz enables the trader to bring concept to production in hours instead of weeks or months. Add-on modules provide specialized functionality in the form of SpoozChartz(TM), Spooz AutoSpreader(TM), and Spooz CPM(TM) (Custom Pricing Module).

Connectivity to market data and execution through broker are accomplished via the ToolzKit(TM). The ToolzKit renders the SpoozToolz middleware highly extensible by enabling the trader with the ability to create adapters to connect to an Excel enabled execution, order and position management. A test application GUI is included to aid the trader in connecting applications to SpoozToolz or connecting SpoozToolz to a wide selection of vendor price feeds, broker feeds or execution gateways. C# scripting capability is available in the ToolzKit for low latency strategies and systems. AlgoServer(TM) will eventually provide the trader with the ability to co-locate low latency solutions closer to exchanges for low- latency execution.

The Control Dashboard addition rounds out the platform's robust functionality by giving the trader the ability to rapidly deploy strategies and manage multiple automated trading strategies simultaneously. Although Strategies may be developed in Excel, the low latency execution of orders is performed in the SpoozToolz C# middleware. The Control Dashboard displays activity, position, fills, and status of each running strategy as well as customizable risk and profit algorithms.

Due to the virtually unlimited flexibility of SpoozToolz the market scope is tremendous. Any exchange listed financial instrument can be traded; including stocks, futures, options, ETFs, Forex, cross asset class spreads, and uniquely customizable, and tradable synthetic instruments.

With the addition of the Control Dashboard, SpoozToolz befits hedge funds, brokerages, proprietary trading firms, as well as the independent trader because it empowers buy and sell side market participants to create and trade custom synthetic instruments. SpoozToolz is currently being deployed to brokers and proprietary trading firms in the Chicago area. Distribution to independent traders will begin later this year.

WARP 9, INC. (OTCBB: WNYN)
Up 93.33% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=WNYN.OB

Warp 9, Inc. (http://www.warp9inc.com) is the premier provider of enterprise-class e-commerce platforms and services to mid-sized businesses in the catalog and retail industry. With a proven track record and years of experience in the industry, Warp 9's comprehensive and scalable suite of software platforms and technologies for online catalogs, e-mail marketing, and interactive visual merchandising help businesses leverage the Internet to increase sales. Offered on a fully managed Software-as-a-Service model, Warp 9 products deliver unique benefits to its customers by reducing total cost of ownership, lowering upfront cost, providing faster time to market and being a one-stop-shop for all things e-commerce. Known for its outstanding customer service, Warp 9 powers some of the most successful e-commerce sites for companies like Magellan's and Spiegel.

Recent WNYN News:

May 14, 2008 - Warp 9 Reports 353% Increase in Net Income

Warp 9, Inc. (OTC Bulletin Board: WNYN), the premier provider of robust e-commerce platforms and services, announces financial results for its third fiscal quarter ended March 31, 2008.

Net income for the quarter grew 353% year over year to $119,615 from $26,405. Although revenue for the quarter fell to $580,477 from $771,989, the decline is largely attributable to the elimination of pass-through marketing expenses. Gross margins grew to a record 95%.

Harinder Dhillon, Warp 9's CEO, commented, "We continue to work hard to complete the company's turnaround. Management's efforts have been focused on improving the company's balance sheet and we are pleased with the progress that has resulted from our fiscal discipline."

The quarter ending March 31, 2008 marked the sixth consecutive quarter of positive net income. The company's cash balance grew 21% from the previous quarter to $779,583 and working capital almost doubled from the previous quarter, from $210,193 to $400,205. The company's total debt was reduced almost 14% from the previous quarter. Mr. Dhillon added, "Obviously, we can make no assurances, but management will continue to find ways to reduce our debt burden. We believe these are steps we must take to ensure that we will be positioned for future growth and profitability."

Warp 9 powers some of the most successful e-commerce websites for retailers such as http://www.magellans.com, and Spiegel Brands' http://www.carabella.com, and http://www.ablambdin.com.

SOLOMON TECHNOLOGIES, INC. (OTCBB: SOLM)
Up 17.07% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=SOLM.OB

Solomon Technologies, Inc., through its Motive Power and Power Electronics divisions, develops, licenses, manufactures and sells precision electric power drive systems, including those utilizing its patented Electric Wheel(R), Electric Transaxle(TM) and hybrid and regenerative technologies as well as direct current power supplies and power supply systems requiring high levels of reliability and ruggedness for defense, aerospace, marine, commercial, automotive, hybrid electric and all electric vehicle applications.

Recent SOLM News:      

May 14, 2008 - Solomon Announces 2008 Annual Meeting

Solomon Technologies, Inc. (OTC Bulletin Board: SOLM), announced today that its annual shareholder meeting will be held at the offices of Shipman & Goodwin, One Constitution Plaza, Hartford, Connecticut 06103 on Thursday, May 22, 2008, at 1:00 PM EDT.

Peter W. DeVecchis, President of Solomon commented, "We look forward to the opportunity to meet with our shareholders and discuss the progress their company has made over the last eighteen months. Aside from conducting business related to the election of the Board of Directors and the proposal to increase our authorized common shares, immediately after the formal meeting we will be providing an overview of the Power Electronics business as well as an overview of the intellectual property in our Motive Power division."

Mr. DeVecchis continued, "As we have often emphasized, an important element of our strategy is to integrate the unique capabilities of our intellectual property with the expanded resources resident in our acquired Power Electronics businesses. The engineering and technical capabilities of the Company have grown substantially since our first acquisition in August of 2006. We want our shareholders to understand the focus of our business in the power markets and specifically the many opportunities for all of our technology and in the alternative and renewable energy segments."

Mr. DeVecchis continued, "We will also introduce the Chairman of our Advisory Board, Mr. James Dunn, who will present an overview of the various opportunities before the Company. We will also update the audience on our ongoing strategy for growing the Company and reaching our goals over the next twenty four months. We will have available details of how the various technologies compete in the market place, examples of their use in various applications, and information on the genesis of our intellectual property patents and displays of our Electric Wheel(R) technology. A brief question and answer session will follow."

Due to the potential for significant shareholder turnout we have established a link on our homepage www.solomontechnologies.com labeled "2008 ANNUAL MEETING RSVP" and are asking shareholders to indicate whether or not they will attend in person so we may provide comfortable accommodations for all attendees.

CURAGEN CORPORATION. (NASD: CRGN)                                                         Up 8.51% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=CRGN

CuraGen Corporation (Nasdaq: CRGN) is a clinical-stage biopharmaceutical company developing promising approaches for the treatment of cancer. CuraGen Corporation is headquartered in Branford, Connecticut. For additional information please visit http://www.curagen.com.

Recent CRGN News:

May 14, 2008 - CuraGen Repurchases $50.9 Million of 2011 Convertible Debt for $43.2 Million

CuraGen Corporation (Nasdaq: CRGN) announced today the completion of a series of privately negotiated transactions with holders of the Company's 4% Convertible Subordinated Notes due February 2011 (the "2011 Notes") in which the Company retired a total of $50.9 million of the 2011 Notes for an aggregate purchase price of $43.2 million, reflecting an aggregate discount of approximately 15.1% off of face value. CuraGen currently has approximately $100 million or $1.72 per share, in cash and investments on hand, and has $19.0 million of the 2011 Notes outstanding.

With the completion of these transactions, CuraGen will eliminate a total of approximately $5.6 million in interest payments on the 2011 Notes to maturity. The Company now anticipates ending 2008 with cash and investments of approximately $92 million, or $1.59 per share.

"Our planned, systematic strengthening of CuraGen's balance sheet continues with these latest transactions, which have increased our net cash position by approximately $8 million," stated Dr. Timothy Shannon, President and Chief Executive Officer of CuraGen Corporation. "Over the past 16 months, we have increased our net cash position by approximately $87 million, while eliminating over $157 million in debt and over $40 million in annual operating and interest expenses. We believe we are well capitalized with over $100 million to develop our un-partnered antibody drug conjugate, CR011-vcMMAE, in metastatic melanoma and breast cancer and to explore other potential near-term value creation opportunities."

EDGAR ONLINE, INC. (NASD: EDGR)
Up 3.90% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=EDGR

EDGAR Online, Inc., www.edgar-online.com , is a leading provider of value-added business and financial information on global companies to financial, corporate and advisory professionals. The Company makes information and a variety of analysis tools available via online subscriptions and licensing agreements to a large user base.

Recent EDGR News:

May 14, 2008 - EDGAR(R) Online(R) Inc. and RR Donnelley Support Securities and Exchange Commission Proposed Rule for Public Companies Submitting Financial Statements in Interactive Data (XBRL)

EDGAR Online, Inc. (Nasdaq: EDGR) and RR Donnelley (NYSE: RRD) announced their support for the SEC proposed rule made public today that will require SEC filing companies to submit their financial statements in eXtensible Business Reporting Language (XBRL) to the SEC EDGAR system.

"As an organization that is keenly aware of the value that XBRL brings to the capital markets, we applaud the SEC proposed rule to phase in XBRL-tagged filings over the next three years," said Philip Moyer, CEO and President of EDGAR Online. "XBRL is no longer a future technology -- it is here now. XBRL serves as the backbone of our data and subscription services and we deliver the world's largest database of XBRL tagged company financials to our clients every day. Through our XBRL filing solution with RR Donnelley, we are proud to demonstrate that companies can reliably provide the transparency that the investing community seeks without spending hundreds of hours and tens of thousands of dollars deciphering a new technology standard."

RR Donnelley and EDGAR Online have collaborated to deliver XBRL filing solutions to corporations since 2005. Both companies are members of the XBRL consortium and have a long history of support for the XBRL standard. RR Donnelley offers the market-leading solution for XBRL filings that leverages EDGAR Online's premier XBRL data creation, processing and distribution solutions.

In March, RR Donnelley and EDGAR Online launched TryXBRL.com, the world's first public web site that allows access to view and analyze complete XBRL-tagged financial statements for over 12,000 publicly-traded corporations.

TryXBRL.com benefits anyone interested in learning about XBRL as applied to real-world financial statements. Corporate finance professionals exploring filing in XBRL with the SEC can educate themselves about the process and view their own historical financial information in a XBRL format. Investors and analysts can experience firsthand how XBRL reduces the complexity and costs associated with analyzing performance data.

"Now any company interested in learning about or filing in XBRL has an opportunity to see their past financials tagged in XBRL and take advantage of a cost effective conversion and filing service" said Tom Juhase, President of RR Donnelley's Financial Services group. "Our solution enables companies to begin filing XBRL content with the SEC in as little as a few hours."

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