SOURCE: Wall Street News Alert

Wall Street News Alert

March 18, 2008 09:43 ET

Wall Street News Alert: AFSE is on the Move! March 18, 2008

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - March 18, 2008) - Wall Street News Alert's "stocks to watch" this morning are: ALL Fuels & Energy Company (OTCBB: AFSE), BladeLogic (NASDAQ: BLOG), Gilead Sciences, Inc. (NASDAQ: GILD), FLIR Systems, Inc. (NASDAQ: FLIR).

Having announced it has completed an engineering assessment on a potential acquisition, ALL Fuels & Energy Company (OTCBB: AFSE) should have investors monitoring the stock closely. Yesterday after the markets closed, the company, a development-stage ethanol company organized to operate as an ethanol producer, issued a press release announcing the formation of a joint alliance with a cellulosic biotech company.

More great news for AFSE investors, as the new joint alliance, AFSE Enzyme, LLC, a subsidiary of ALL Fuels & Energy (AFSE) will focus on further development of a revolutionary technology which could provide substantial savings to the $85 billion ethanol market. AFSE Enzyme, LLC, plans to complete the commercialization of the ethanol super enzyme, producing cellulosic ethanol with a possible savings of up to 50% reduction in production costs. Ethanol using the super enzyme will be manufactured from Sustainable Non-Food biomass and surplus waste products, such as wood chips, household garbage and sugarcane waste, which are abundantly available domestically and internationally.

One of the key benefits is that this super enzyme will allow the use of items such as household garbage which then eliminates the cost of the more traditional component -- corn. By eliminating the corn component then one could expect savings in excess of 50% in certain circumstances. When considering the worldwide ethanol production is approximately 35 billion gallons per year, the company will look to immediately target a portion of this potential $40 billion in savings through licensing arrangements and other partnerships should this technology become technically and commercially viable.

"As AFSE continues to search the industry for its pipeline of strategic acquisitions and vertical integration, we are forming this alliance for a revolutionary super enzyme. The super enzyme provides wide diversification, with substantially reduced feedstock costs throughout the world. This enhances our business model of risk management and low cost production. Producing ethanol economically from waste products changes the energy world dramatically," said Dean Sukowatey, ALL Fuels & Energy President.

Investors are urged to continue to monitor the progress of the company! The company has also recently reported it has completed an engineering assessment on a potential acquisition. This assessment is the first step in evaluating the funding and operational requirements of a merger candidate. The company expects to thoroughly evaluate this assessment and anticipates it will make a formal offer in the near future. According to the release, ALL Fuels & Energy's pursuit of this acquisition is in line with the company's business plan for acquiring and building 500 million gallons of annual ethanol production.

Before the news was released, the stock closed Monday at Forty Nine cents a share.

For Wall Street News Alert's in-depth profile of ALL Fuels & Energy Company, visit

In case you are not familiar with the company: ALL Fuels & Energy Company (is a development-stage ethanol company organized to operate as an ethanol producer, focusing primarily on the production and sale of ethanol and its co-products. To date, AFSE has: obtained $2.3 million in private equity funding; purchased 150 acres on which to build its proposed ethanol production facility in Manchester, Iowa; signed a five-plant engineering and design agreement; engaged Natural Resources Group to handle water-related environmental matters relating to the proposed Manchester ethanol production facility; engaged Yaggy-Colby to handle air-related environmental matters relating to the proposed Manchester ethanol production facility; and investigated and become involved in the potential acquisition of one or more existing ethanol production facilities.

BladeLogic (NASDAQ: BLOG) up 16% on 8.1 million shares traded. BladeLogic is a provider of leading data center automation software with a large installed base of Fortune Global 500 customers, including 21 of the top 100 global companies, 3 of the top 10 aerospace and defense companies, 7 of the top 25 commercial and savings banks, 3 of the top 5 securities companies, 2 of the top 3 entertainment companies, 2 of the top 3 general merchandisers, 7 of the top 12 pharmaceutical companies and 7 of the top 10 telecommunications companies.

Gilead Sciences, Inc. (NASDAQ: GILD) down 1.6% on 8.2 million shares traded. Gilead Sciences is a biopharmaceutical company that discovers, develops and commercializes innovative therapeutics in areas of unmet medical need. The company's mission is to advance the care of patients suffering from life-threatening diseases worldwide.

FLIR Systems, Inc. (NASDAQ: FLIR) down 1.4% on 1.1 million shares traded. FLIR Systems, Inc. is a world leader in the design, manufacture and marketing of thermal imaging and stabilized camera systems for a wide variety of thermography and imaging applications including condition monitoring, research and development, manufacturing process control, airborne observation and broadcast, search and rescue, drug interdiction, surveillance and reconnaissance, navigation safety, border and maritime patrol, environmental monitoring and ground-based security.

Market Commentary:

"The dollar fell to a record low against the euro and sank to its lowest level in more than 12 years against the yen Monday, as investors reacted to the latest emergency rate cut by the U.S. Federal Reserve and to news that JPMorgan Chase is buying rival investment bank Bear Stearns for a fraction of what it was worth last week," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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