Message #11 From:
Stock News Bot Date: January 4, 2007 07:30:00 AM
CPEU News Dutton Associates Announces Investment Opinion on BluePoint Energy
EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dutton Associates continues its coverage of Chapeau, Inc. d/b/a
BluePoint Energy, Inc. (OTC BB: CPEU)
reiterating its rating of Strong Speculative Buy while increasing its
12-month price target to $5.00. The research note dated January 3, 2007
by Dutton senior analyst Richard West, CFA, is available at www.jmdutton.com
as well as from First Call, Bloomberg, Zacks, Knobias, Reuters and other
leading financial portals.
As set forth in the referenced report, BluePoint recently announced a
definitive Strategic Alliance Agreement with Cummins Power Generation, a
subsidiary of Cummins Inc. (NYSE: CMI). The integration of BluePoint’s
EnviroGen™ Energy Modules through Cummins’
entire system adds strength to the thesis of BluePoint becoming a major
source of energy savings for corporations worldwide. This agreement
opens the world market to BluePoint Energy and certainly adds to the
long-term revenues and earnings possibilities. We reiterate our rating
of Strong Speculative Buy and, due to this agreement and the market
action of BluePoint Energy’s common stock, are
raising the 12-month price target to $5.00 per share.
About Dutton Associates
Dutton Associates is one of the largest independent investment research
firms in the US. 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
$33,000 prepaid for 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
7/09/2004. We do not accept payment of our fees in company stock. 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.
