SOURCE: Market Pulse

October 16, 2007 09:00 ET

Stocks to Watch for Tuesday, October 16, 2007: FLCN -- Falcon Technologies Announces $4.0 Million in New Projects and Current Backlog Stands at Approximately $13 Million!

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

ATLANTA, GA--(Marketwire - October 16, 2007) - Market Pulse is pleased to introduce our featured stock, Falcon Technologies Incorporated (PINKSHEETS: FLCN), to the investment community! Falcon Technologies is new to Market Pulse and is poised to become a significant player in the IT infrastructure industry! Falcon Technologies just had excellent news out in a press release before today's opening bell announcing that through its subsidiaries, it has been awarded approximately $4.0 million in new projects! The company also announced its current backlog stands at approximately $13 million! This could be great news for investors! Other notable stocks that should be closely watched due to existing fundamental and technical factors affecting each company include:

Phazar Corp. (NASDAQ: ANTP) : Market Outperform

Telik Inc. (NASDAQ: TELK) : Attractive

Level 3 Communications Inc. (NASDAQ: LVLT) : Bearish

Stock Pick Meanings

These stock picks are the investment opinions of MP's editor and reflect MP's belief regarding the potential price movement over the next one to four weeks of trading of each of the stocks presented. This analysis is done from a technical and fundamental perspective.

After Monday's Bell Market Commentary

On Monday, U.S. stocks fell. Fed Reserve Chairman Ben Bernanke speaking to the New York Economic Club stated that a full market recovery would take time, and that the ultimate implications of recent credit problems and their impact on the broad economy remained uncertain. Crude oil prices soared over $86 a barrel for the first time to settle at a record $86.13 a barrel over concerns that oil production will fall even as demand continues to climb. Bond prices fell. The dollar fell against most other major currencies. Gold prices rose. The Dow fell 108.28, or 0.77 percent, to 13,984.80. The Nasdaq composite index fell 25.63, or 0.91 percent, to 2,780.05. The S&P 500 index fell 13.09, or 0.84 percent, to 1,548.71. The Russell 2000 index fell 11.81, or 1.40 percent, to 829.36.


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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: Falcon Technologies Incorporated compensation from a third party shareholder: one hundred thousand free trading shares of stock in Falcon Technologies Incorporated, already received from a third party shareholder. In addition, MP was also compensated twenty five thousand dollars from a third party shareholder. To date, MP has sold nine thousand shares of stock in Falcon Technologies Incorporated for proceeds totaling eight thousand eight hundred dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services.

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