ENCS Encore Energy Systems Inc (CE)

Our list of stocks to watch are: All Asia Licensing Inc. (PINKSHEETS: AASI), Extreme Networks, Inc. (NASDAQ: EXTR), Fuel Systems Solutions Inc. (NASDAQ: FSYS), Encore Energy Systems (PINKSHEETS: ENCS).

Dow futures point to a higher open on Monday even as the price of crude rose over $1.00 in early trading even as speculation mounts that oil will continue to slide to the sub $100 range. US Dollar rose for the week and continues to look strong.

All Asia Licensing Inc. (PINKSHEETS: AASI) announced that it entered into a Letter of Intent with an international bio research and marketing firm to manufacture and distribute in China the research company's proprietary cattle test for BSE (Bovine Spongiform Encephalopathy), better known as "Mad Cow" Disease valued at between $100-$150 million.

Extreme Networks, Inc. (NASDAQ: EXTR) today announced its intention to commence a "modified Dutch auction" tender offer to purchase $100 million worth of its common stock at a price per share not less than $3.30 and not greater than $3.70.

Fuel Systems Solutions Inc. (NASDAQ: FSYS) -- An improved annual sales forecast helped send FSYS soaring on Friday. The stock was up more than 28% on the day.

Encore Energy Systems (PINKSHEETS: ENCS) announced today it has executed a Letter of Intent to merge with BioConversions International. BioConversions reports over $17,000,000 in projected sales with net earnings of approximately 12%.

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