Modavox, Inc., an Internet broadcasting pioneer and holder of several patented technologies, yesterday filed a Complaint in the United States District Court for the Northern District of California, asserting two Causes of Action against Yahoo! for Patent Infringement related to Modavox-owned United States Patent No. 6,594,691 (”Method and System for Adding Function to a Web Page”) and United States Patent No. 7,269,636 (”Method and Code Module For Adding Function to a Web Page”). Modavox’s Complaint specifically asserts that Yahoo! has operated a business for profit that uses Modavox’s technology claimed and described in the ‘691 and ‘636 Patents without having sought or received Modavox’s authorization to use its patented technology.

Nathaniel T. Bradley, Chief Technology & Product Officer at Modavox, commented, “Our patented technology is foundational to a specific targeted Internet advertising delivery method utilized by the Yahoo! Advertising business and used previously by the targeted advertising delivery operation of Blue

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'The primitive structure of our economy', was one of President Medvedev's keynote complaints in his second annual address, which emphasized the need for technological innovation. The speech was 'disappointing from an investment point of view [...] it was very light on any specific point of action, just a reiteration of what we have already been hearing', comments one strategist. Excessive state involvement in the economy was another point raised: three state corporations, Russian Technologies, Rusnano and Vneshekonombank will lose their status as such as early as next year. The President did suggest that it should be the job of the Foreign Ministry to systematically encourage foreign investments, by reducing bureaucratic hurdles. The economic decline has apparently eased during the last quarter after record lows. Rusal may offer stakes in mines to Chinese companies to contribute to the success ...

Today, we are featuring top-performing “Technology" equity mutual funds, which primarily invest in equity securities of companies that deal in advanced technologies.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Technology Equity Funds.

3 Hi-Tech Choices

T. Rowe Price Global Technology (PRGTX) seeks long-term capital growth. It may purchase stocks ranging from small companies to blue chip firms with established track records.

The fund invests at least 80% of its net assets throughout the world in the common stocks of companies that generate a majority of their revenues from the development, advancement, and use of technology. It looks to invest at least 30% of its assets in established as well as emerging foreign markets.

Shareholders have to make a minimum initial investment of $2,500 to enter this Zacks#1 Rank (“Strong Buy") fund. As of June 2009, it has a portfolio turnover of 104.6%.

David J.

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Cabela's, Inc. (CAB) is bucking the retail doom and gloom as same store sales rose 6.1% on strong hunting equipment sales. The company has surprised on estimates 2 out of the last 4 quarters by an average of 36.25%. CAB is trading at 14x forward earnings.

Company Description

Cabela's is a specialty retailer of hunting, fishing, camping and outdoor merchandise. It operates 30 stores nationwide. The company also has a large mail order and Internet business.

Cabela's also issues Cabela's CLUB Visa credit card, which is its primary customer loyalty program. It is operated through a wholly-owned subsidiary, World's Foremost Bank.

Cabela's Surprised by 133.33% in the Second Quarter

On July 30, Cabela's reported fiscal second quarter 2009 results that easily beat the Zacks Consensus Estimate by 8 cents. Earnings per share rose 27.3% to 14 cents from 11 cents in the year ago quarter. The Zacks Consensus

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Stock-PR Stock Report for Wednesday July 21, 2009

IncrediMail, Ltd. (MAIL)

IncrediMail Ltd. operates as an Internet company in Israel. It designs, markets, and delivers personal desktop software. The company offers its e-mail client product, IncrediMail Premium in approximately 100 countries in 10 different languages.

IncrediMail Ltd. recently announced that it is increasing the guidance previously provided regarding expected performance in 2009. The Company currently expects 2009 revenues to exceed $26 million, and Operating Income to exceed $9 million in 2009. In 2008, revenues were $21.9 million and Operating Income $0.2 million.

Visit http://www.incredimail-corp.com for more on MAIL

The McClatchy Company (MNI)

The McClatchy Company is the third-largest newspaper company in the United States, a leading newspaper and internet publisher.The McClatchy Company dates to the California Gold Rush era of 1857. In 2006, McClatchy purchased Knight Ridder Inc. to become the second-largest newspaper publisher

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IncrediMail Ltd., an Internet company developing customized, downloadable graphic consumer applications, today increased its guidance for the current year. The company now anticipates 2009 revenues will exceed $26 million, and operating income will exceed $9 million. To compare, 2008 revenues were $21.9 million and operating income totaled $0.2 million.

According to the press release, the higher expectations are fueled by the continued growth in search generated revenues. IncrediMail believes that this expected growth, together with the improved cost structure, will result in a larger bottom-line as well.

Mr. Ofer Adler, Chief Executive Officer of IncrediMail, commented, “The first quarter results came in at the top of the range of our original expectations, and we expect the second quarter to show positive results as well, proving the sustainability of our growth and profitability. We continue to focus on our core business, as reflected by the recently announced extension of our contract with Google

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The paragraphs below are excerpts from the well-respected Comstock’s weekly market commentary, arguing that the stock market rally has probably exhausted itself in the absence of a strong economic recovery - an event unlikely to materialize any time soon. (As an aside, traveling through Europe at the moment it is also hard to see a quick resumption of decent growth in this region given the extent of the economic malaise.)

“The term ‘green shoots’ appears destined to go down in history with other unfortunate themes such as ‘a goldilocks economy’; ‘it doesn’t matter if internet companies have no earnings’; ‘high P/E ratios don’t matter’; ’subprime loans aren’t important’; ‘foreign economies have decoupled from the US’; ‘there’s plenty of liquidity’; and the classic ‘home prices never go down’.

“Whenever a herd of investors latches on to a popular theme, that theme most often proves to be wrong. So far the

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United Online, Inc. (UNTD) watched its shares spike on a stellar first quarter. The Growth and Income pick also offers momentum, outperforming the market by more than 20% over the past 3 months.

Company Description

United Online is an internet company that provides floral services through its FTD segment on www.ftd.com. The company also operates various social networking websites, including the popular www.classmates.com. United Online's communications segment includes www.netzero.com and www.juno.com.

The company also provides advertising solutions to marketers through a variety of targeting technologies, website sponsorships and website integrations.

United Online is headquartered in Woodland Hills, CA and operates through a global network of locations in the U.S., Canada, the U.K., Germany, and India.

Upbeat Estimates and a Rising Share Price

After delivering a strong first quarter, UNTD shares jumped higher and continued to maintain the higher level relatively well.

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by Anne Durrell

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Once again, gold and silver mirrored each other’s price moves all through Thursday trading around the world. The high in the Far East in both metals was about 3:30 p.m. in Hong Kong…and from there, the trend was down. This trend picked up some steam about 10:00 a.m. in London and continued to accelerate to the down-side right through the Comex open. But around 8:45 a.m. in New York, gold and silver found a savior, as both metals turned on a dime…with gold picking up a hair over $20…and silver up 66 cents…from bottom-to-top during Comex trading.

It was all too good to last of course, as once the Comex floor traders went their merry ways, electronic trading took some of those gains back. However, both metals finished in the plus column yesterday…but gold just barely made it…up a whopping 40 cents!

I’ve commented before [several times over the last couple of

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