SOURCE: Stock Market Alerts

October 18, 2007 09:25 ET

Breaking Stock Alert for Thursday: ELHI! October 18, 2007

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.

MIAMI, FL--(Marketwire - October 18, 2007) - Stock Market Alerts' performance stock list includes: Edgeline Holdings, Inc. (OTCBB: ELHI), China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF), Steel Dynamics, Inc. (NASDAQ: STLD), Coates International, Ltd. (OTCBB: COTE).

Expecting to close on another acquisition by the end of the month, Edgeline Holdings, Inc. (OTCBB: ELHI) will have investors monitoring the company closely. Wednesday after the markets closed, the company, a diversified publicly traded holding company that specializes in the area of discovering and acquiring leading-edge niche technologies, issued a press release announcing that it has received a $7,500,000 funding proposal.

This news should be welcomed by investors! The company is currently evaluating this proposal along with several other alternatives. This proposed funding would allow the company to continue to execute on its business strategy with its existing prospects and also have the ability to seek and develop new opportunities.

"This proposed transaction would be a tremendous step forward in securing the necessary finances to develop our business," stated Leonard Ivins, CEO of Edgeline Holdings. "Additional funding is required to expand our announced projects in our current three distinct business segments."

More great news for ELHI, which also announced this week that it now expects to close on its acquisition of Intertech Bio by the end of the month! Intertech Bio will initially focus on developing novel cancer treatments specifically targeting the brain, pancreatic and ovarian tumors. The press release states that the market for cancer therapies is greater than $8 billion and will continue to increase as the population ages. The forecasted sales for cancer related therapies are $25.2 billion by 2015.

"This acquisition will bring an experienced team of scientists that have many years in this industry," stated Leonard Ivins, Chief Executive Officer of Edgeline Holdings. "We believe that the acquisition of Intertech Bio will significantly enhance the value of our company in the short and long term. We will continue to look at new opportunities to add to our portfolio holdings and evaluate industry partner relationships to ultimately maximize shareholder value."

This is certainly another company for investors to watch closely! Last week the company issued a press release announcing that that its newly formed subsidiary, New EnerSource Inc., has scheduled field testing on a minimum of five wells next week as it continues the due diligence phase on its potential acquisition of an enhanced oil recovery technology.

This should complete the company's field due diligence phase and based on the results New EnerSource will make the determination whether to proceed with the acquisition negotiations. This technology would still require additional funding to fully develop, but if successful, would address part of the unrecoverable oil market. It is estimated that Texas alone has over 100 billion barrels of oil that are classified as unrecoverable.

Before the news was released, the stock closed Wednesday at Sixty Nine a share.

For Stock Market Alerts' in-depth profile of Edgeline Holdings, visit http://www.wallstreetenews.com/HotStocks/ELHI101707/default.aspx

Headquartered in Houston, Texas, Edgeline Holdings, Inc. is a diversified publicly traded holding company that specializes in the area of discovering and acquiring leading-edge niche technologies. These technologies will be incubated and nurtured into market ready applications. Edgeline's current and prospective portfolio consists of early stage companies that require management expertise to further develop the technology to ultimately maximize the value of such technologies by bringing them to market through licensing arrangements and partnerships.

Other Stocks of interest yesterday were:

China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) up 24.6% on 13.2 million shares traded. TechFaith is an original design manufacturer, or ODM, focused on research and development of cell phone solutions based in China. The Company employs approximately 1,300 professionals, of whom 90 percent are engineers. TechFaith's business includes handset design, feature phone solution, data card and wireless module, application software, and smartphone and pocket PCs.

Steel Dynamics, Inc. (NASDAQ: STLD) up 7.4% on 5.4 million shares traded. Steel Dynamics, Inc is the fifth largest producer of carbon steel in the U.S., producing steel from recycled steel scrap in five electric-arc-furnace mini-mills. The company shipped 4.7 million tons in 2006 on revenues of $3.2 billion. Products include flat rolled steel, wide-flange beams, rails, SBQ bars, merchant bars, and specialty shapes.

Coates International, Ltd. (OTCBB: COTE) up 47.8% on 1.6 million shares traded. Coates has been developing, over a period of more than 15 years, a patented spherical rotary valve CSRV Internal Combustion Engine, invented by George J. Coates and his son Gregory. The CSRV system is adaptable to combustion engines of many types. This technology is currently adapted to a number of practical applications, including industrial generators powered by engines incorporating the CSRV technology and designed to run on flare-off gas from oil wells, landfill gas and raw natural gas. The Company is actively engaged in making final refinements and performance testing in preparation for its launch of this product.

The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Edgeline Holdings, Inc. (OTCBB: ELHI). The compensation was thirty two thousand dollars from the company. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

The information contained in this press release is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. Stock Market Alerts LLC is an advertising company and therefore, this release should be viewed for informational purposes only.

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