In this Issue: •Incentive to Innovate: High oil prices, and the perceived scarcity and/or accessibility of fossil fuel resources, are making alternative energy more appealing. •Intelligencer: Headlines, Highlights, and What's on Our Minds •The Observatory •Rising & Falling Stars •ALTERNATIVE ENERGY: A New Way of Harnessing Earth's Energy Major energy companies start work on carbon capture projects •ALTERNATIVE ENERGY:Biofuels Bring Convergence of Energy, Agriculture Biofuels have become economically competitive as alternatives. •Some ETFs Emerge for Alternative Energy Investors: A new crop of exchange traded funds give exposure to alternative energy companies in a straightforward, cost-effective way. • ALTERNATIVE ENERGY: Heat Mining: Energy Underfoot Geothermal energy rising from the earth's core could be a major source of clean power in the future. •Wave Power Starting to Attract Investors: Around the world, there are
about half a dozen companies working on devices that can capture the power of waves. •More Than Just a Symbolic Gesture: As concerns about the credit crunch mounted, the Federal Reserve, which injected liquidity into the markets last week, made the important decision to cut its discount rate 0.5% to 5.75%. •High-Quality Capital Appreciation Portfolio: Anheuser-Busch, IBM, and Nike are in. Linear Technology, Stryker, and Wal-Mart are out. •Harness Our Quant Power: Standard & Poor's Neural Fair Value 25 Portfolio buys what are deemed undervalued issues with superior return potential. Some of the Companies featured:
American Electric Power
American Express
Anheuser-Busch
CB Richard Ellis
Centex
Int'l Business Machines
JDS Uniphase
Johnson & Johnson
MGIC Investment
Nike
Rentech
Statoil
Walgreen | 
