Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stocks reversed course and turned lower early Monday as investors sold off technology stocks amid a report that Yahoo plans a major overhaul.

Financial stocks, which led the market in the early going, were mostly higher after the government's latest pledge that it plans more aid for the banking system. The Treasury and other departments said in a joint statement, "the U.S. government stands firmly behind the banking system during this period."

Losses among tech stocks prevented the market from maintaining its early gains. The Journal reported Sunday that Yahoo Inc.'s new chief executive is planning a company-wide reorganization.

In the first hour of trading, the Dow Jones industrial average fell 13.54, or 0.18 percent, to 7,352.13. The Standard & Poor's 500 index fell 3.14, or 0.41 percent, to 766.91. The technology-heavy Nasdaq composite index fell 16.72, or 1.16 percent, to 1,424.51.

Yesterday’s Top Performing SmallCapVoice.com stock:

EGPI Firecreek, Inc. (OTC BB: EFIR) was a SmallCapVoice.com top performer moving up over 43% on trading volume of 12,728 shares.

EGPI/Firecreek, Inc. announced today the receipt of an independent reserve report regarding the Company’s previously announced LOI for the acquisition of a West Texas oil and gas rehabilitation and development project located in Haskell, Shackelford and Jones counties, Texas.

Under the LOI, EGPI/Firecreek and Templar PetroConsultants (Templar) are to become joint venture partners with Templar to be the Operator and minority partner.

As previously reported, there are 38 existing wells on the property, 14 of which are currently producing with 24 additional shut-in wells that can be brought back into production through rehabilitation and repair. There are also over 50 proved undeveloped or inside locations to be drilled to proved producing formations with four or more identified formations behind the pipe available for future development.

Operators have identified 12 wells for an initial rehabilitation program.

Today’s SmallCapVoice.com Hot Stock to Watch:

Access Beverage, Inc. (OTC BB: ABVI)

Access Beverage, Inc., a U.S.-based manufacturer and marketer of distinctive brands of wine and fine spirits, announced today that it has selected The Pierpont Group LLC of Lexington, Massachusetts to exclusively distribute Access Beverage's line of wines in Massachusetts and New Hampshire. This agreement expands the distribution of Access Beverage's popular wines, Le Snoot™ and Bee's Knees™ to major regional supermarket chains, including DeMoulas, also known as Market Basket. DeMoulas/Market Basket ranked 45th place in the 2008 “Top 75 North American Food Retailers,” based on estimated $2.5 Billion sales in fiscal 2007, according to Supermarket News.

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