SOURCE: Wall Street News Alert

Wall Street News Alert

February 28, 2008 08:38 ET

Wall Street News Alert: CPBI Is Still on the Move! February 28, 2008

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

WESTON, FL--(Marketwire - February 28, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Challenger Powerboats, Inc. (OTCBB: CPBI), American International Group, Inc. (NYSE: AIG),, Inc. (NASDAQ: BIDU) and Netflix, Inc. (NASDAQ: NFLX).

Having shipped a record 38 boats for the month of January, Challenger Powerboats, Inc. (OTCBB: CPBI) is on a roll and a "must see" for investors. 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 received an initial 4 boat order and then a follow on 10 boat order from Shawano, WI-based American Marine and Watersports, one of the largest independent boat dealers in the U.S.

This is more great news for CPBI investors! Challenger CEO Laurie Phillips stated, "Procuring 'tier one' dealers of American Marine's stature is important to our overall growth strategy given the potential degree of business which exists, upon our execution, delivery and performance to such high volume customers. We look forward to a long and rewarding relationship with them."

This press release follows another major announcement made last week in which the company reported it shipped a record 38 boats for the month of January. In that press release, 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."

With recent news pointing to a significant increase in demand for the company's line of boats, investors are urged to continue to monitor Challenger Powerboats Inc.

The stock closed Wednesday at Fifty Two cents a share.

For an in-depth profile of Challenger Powerboats, visit

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.

American International Group, Inc. (NYSE: AIG) up 1.2% on 20.6 million shares traded.

American International Group, Inc. (AIG), a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions., Inc. (NASDAQ: BIDU) up 8.8% on 11.3 million shares traded., Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving Internet search users, Baidu provides an effective platform for businesses to reach potential customers.

Netflix, Inc. (NASDAQ: NFLX) up 11.8% on 5.8 million shares traded.

Netflix, Inc. is the world's largest online movie rental service, providing more than seven million subscribers access to more than 90,000 DVD titles plus a growing library of more than 7,000 choices that can be watched instantly on their PCs.

Market Commentary:

"Crude prices spiked above $102 a barrel for the first time Wednesday, but retreated after the government said stockpiles of crude oil and gasoline rose far more than expected last week," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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