Lightwave Logic (LWLG) had the highest return in July 2004 by a US stock, returning 184.6%.

ASSET	MONTH	% RETURN
Lightwave Logic (LWLG)	July 2004	184.62%
Axogen (AXGN)	July 2004	123.88%
Smith Micro Software (SMSI)	July 2004	121.99%
Lightbridge (LTBR)	July 2004	105.88%
Vaalco Energy (EGY)	July 2004	84.22%
Oramed Pharmaceuticals (ORMP)	July 2004	83.64%
Flotek Industries (FTK)	July 2004	83.17%
Biocardia (BCDA)	July 2004	80%
Cadiz (CDZI)	July 2004	76.47%
Ainos (AIMD)	July 2004	61.11%
Insteel Industries (IIIN)	July 2004	49.5%
inTest (INTT)	July 2004	48.87%
Asia Pacific Wire & Cable (APWC)	July 2004	45.45%
Hudson Technologies (HDSN)	July 2004	40.74%
Empire Petroleum (EP)	July 2004	40%
Denny’s (DENN)	July 2004	39.81%
Evolution Petroleum (EPM)	July 2004	39.58%
AXIA Energia (AXIA)	July 2004	34.95%
Cyanotech (CYAN)	July 2004	34.88%
Pro-Dex (PDEX)	July 2004	34.79%
Live Ventures (LIVE)	July 2004	32.26%
Centrais Electricas Brasileiras (EBR)	July 2004	32.04%
Centrais Elétricas Brasileiras SA - Eletrobrás (EBR.B)	July 2004	31.26%
Park Ohio (PKOH)	July 2004	28.68%
Nocera (NCRA)	July 2004	27.27%