SOURCE: Wall Street News Alert

Wall Street News Alert

February 21, 2008 09:32 ET

Wall Street News Alert: CPBI Is on the Move! February 21, 2008

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

WESTON, FL--(Marketwire - February 21, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Challenger Powerboats, Inc. (OTCBB: CPBI), Walter Industries, Inc. (NYSE: WLT), Intel Corporation (NASDAQ: INTC) and Apple Inc. (NASDAQ: AAPL).

It seems Challenger Powerboats, Inc. (OTCBB: CPBI) is continuing to garner momentum, and investors should be closely monitoring the stock this morning. Yesterday after the markets closed, the company, a manufacturer of powerboats, tow boats and water-jet powered sport boats, issued a press release announcing that it shipped a record 38 boats for the month of January.

Great news for CPBI! Challenger Powerboats CEO Laurie Phillips stated, "Despite the current slower pace of growth within the industry, we are experiencing record demand, production, and shipments for all three lines, Sugar Sand, Gekko and Challenger. We believe this is a testament to the quality of our product offering as well as our aggressive marketing and sales strategy. This all comes without any penetration whatsoever yet into Florida, the number one recreational boating market in the U.S. We have recently embarked on a strategy to establish premier distribution channels within the Florida marketplace, and which we believe should add significantly to our current growth."

Aggressive investors are being placed on alert to watch this company closely! It was also announced last week that Pininfarina Extra, the product and interior design arm of Italian design pioneers Pininfarina, in collaboration with U.S. powerboat manufacturer, Challenger Powerboats, Inc., launched the new and exclusive PF 36 Limited Edition Powerboat at the Miami International Boat Show on February 14th, 2008. The sleek vessel is designed with the technical attributes of Challenger's race-caliber powerboats, coupled with the revolutionary styling of Pininfarina, a name synonymous with the finest Italian sports cars, from Ferrari to Maserati.

The stock closed Wednesday at Fifty One cents a share.

For an in-depth profile of Challenger Powerboats, visit http://www.WallStreetNewsAlert.com/HotStocks/CPBI022008/default.aspx.

In case you are not familiar with the company: Challenger Powerboats, Inc. designs and manufactures high performance "go fast" offshore racing boats, family sport cruisers, jet boats and water ski tow boats under the brands "Challenger Powerboats," "Sugar Sand" and "Gekko," which target the recreational boating market. Proven world-class technology is incorporated into the manufacturing of our award winning boats at the Company's 65,000 sq. ft. facility located on our 12 acre complex in Washington, Missouri and 80,000 sq. ft facility in Fargo, North Dakota. The Company's boats are sold through our dealer network in the United States, Canada, Mexico, Europe, Australia, the Middle East and Japan. In 2006, Gekko was selected as an official tow boat for the World Barefooting Championships, and the European Barefooting Championships in 2005.

Walter Industries, Inc. (NYSE: WLT) up 10.8% on 4.2 million shares traded.

Walter Industries, Inc., based in Tampa, Fla., is a leading producer and exporter of metallurgical coal for the global steel industry and also produces steam coal, coal bed methane gas, furnace and foundry coke and other related products.

Intel Corporation (NASDAQ: INTC) up 1% on 72 million shares traded.

Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live.

Apple Inc. (NASDAQ: AAPL) up 1.3% on 34.5 million shares traded.

Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications.

Market Commentary:

"The Labor Department reported that the Consumer Price Index posted a gain of 0.4 percent last month, matching the December increase and higher than the 0.3 percent rise that analysts had expected," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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