SOURCE: Wall Street News Alert

Wall Street News Alert

December 06, 2007 08:47 ET

Wall Street News Alert: ELHI Is Still on the Move! December 6, 2007

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

WESTON, FL--(Marketwire - December 6, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Edgeline Holdings, Inc. (OTCBB: ELHI), EDS (NYSE: EDS), PACCAR Inc (NASDAQ: PCAR) and Osteologix Inc. (OTCBB: OLGX).

Having just announced that it has completed the acquisition of Intertech Bio Corporation, Edgeline Holdings, Inc. (OTCBB: ELHI) should have investors keeping their eyes on the company this morning. Yesterday after the markets closed, the company, which specializes in the area of discovering and acquiring leading-edge niche technologies, issued a press release announcing that it has signed an Option agreement with The University of Texas M. D. Anderson Cancer Center that provides Edgeline Holdings the exclusive right to negotiate a license to five technologies relating to the treatment of various cancers over a nine month period.

More great news for the company, as the press release states that during this period, the company has the right to evaluate the patents rights, potential products and markets, and to negotiate a license for the use of these patents.

"This agreement gives us the necessary time to allow our subsidiary, Intertech Bio, to properly evaluate the potential of these technologies," stated Leonard Ivins, Chief Executive Officer of Edgeline Holdings. "M.D. Anderson has been a leader in developing new cancer therapies and we are excited about the opportunity to work with such a great institution."

Wall Street News Alert is continuing to alert investors to monitor the progress of the Edgeline Holdings! It was just this week that the company reported it had completed the acquisition of Intertech Bio Corporation. Intertech Bio currently focuses on developing novel cancer treatments specifically targeting the brain, pancreatic and ovarian tumors. Intertech Bio will be moving to offices near the Texas Medical Center in Houston, Texas which is home to some of the most premier cancer treatment centers in the world.

According to the press release, Intertech Bio's medical team has many years developing and working with new cancer therapies, several of which are currently in various stages of obtaining FDA approval. This team is founded by Dr. Waldemar Priebe who is a Professor of Medicinal Chemistry, Department of Experimental Therapeutics at The University of Texas, M.D. Anderson Cancer Center located in Houston, Texas and Dr. Timothy Madden who is the Director of The University of Texas M.D. Anderson Cancer Center, Pharmaceutical Development Center located in Houston, Texas.

Prior to the latest press release, the stock closed Wednesday at Forty cents a share.

For an in-depth profile of Edgeline Holdings, visit http://www.WallStreetNewsAlert.com/HotStocks/ELHI120507/default.aspx.

EDS (NYSE: EDS) up 7.4% on 6.1 million shares traded. EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry 45 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world.

PACCAR Inc's (NASDAQ: PCAR) up 7.7% on 3.8 million shares traded. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates

Osteologix Inc. (OTCBB: OLGX) up 1.4% on 1 million shares traded. Osteologix is a specialty pharmaceutical company committed to developing innovative therapies for the treatment and prevention of musculoskeletal diseases. The Company's vision is to improve the health of those afflicted with musculoskeletal diseases such as osteoporosis.

Market Commentary:

"The Commerce Department reported that orders advanced by 0.5 percent in October, far better than the flat reading that had been expected. However, much of the strength came from a big jump in the cost of petroleum and other energy prices, which pumped up orders at oil refineries and chemical plants. The orders figures are not adjusted for changes in prices," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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