SOURCE: Wall Street News Alert

Wall Street News Alert

October 17, 2007 09:18 ET

Wall Street News Alert: IDGI Is Still on the Move! October 17, 2007

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

WESTON, FL--(Marketwire - October 17, 2007) - Wall Street News Alert's "stocks to watch" this morning are: INCA Designs Incorporated (PINKSHEETS: IDGI), Apple Inc. (NASDAQ: AAPL), Advanced Micro Devices, Inc. (NYSE: AMD) and State Street Corporation (NYSE: STT).

Having just announced that bombshell actress Carmen Electra kicked off her book tour in New York City with a quick swimwear shopping spree in the INCA showroom, INCA Designs, Inc. (PINKSHEETS: IDGI) is at it again, and should have investors monitoring the stock closely.

This morning, the company, a boutique design house that designs a line of swimwear, resort wear and accessories for the wholesale and retail markets under the brand names of inca, incagirl, incabag and inca jr, issued a press release announcing that made a major splash recently as it showcased its Boho-chic collection at a private estate in Sag Harbor.

This could be additional great news for IDGI investors, as according to this morning's press release, the resort 2008 runway show, the first major runway show to hit the Hampton's east end, accelerated the buzz for the INCA line. Just as the sun was setting, the energy was contagious as cat walkers May Anderson, Jessica White and Julie Ordon previewed INCA's 2008 resort looks atop a sea grass covered sixty-foot runway stretching over the pool. Invited guests including Topher Grace, Russell Simmons and Kelly Bensimon lounged under cabanas sipping tequila while marveling over INCA's newest collection due to hit stores in November!

Stephanie Hirsch, the Company's President and designer of the INCA line, stated: "We were excited to hold our show in the Hamptons this year to capture the attention of clients who embody the very essence of INCA and who embrace the INCA lifestyle. When we open our flagship store in Manhattan, we are looking forward to translating this excitement into sales as we serve the needs of our important clientele.

Wall Street News Alert is alerting aggressive investors to watch INCA Designs closely! According to the press release, INCA's unique designs, innovative sourcing, product positioning, wide range of price points, and commitment to branding attracts a customer seeking a "resort lifestyle experience." INCA's cross-generational collection emphasizes beautiful fabrics and great fit. Recognizing a void in the market for luxury-inspired swimwear, resort wear and accessories at an accessible price point, INCA's collection embodies cohesive, sophisticated, yet wearable clothing and accessories for women and girls of all ages and backgrounds.

The press release states that prominently featured in the top fashion publications of Vogue, Elle, InStyle, and Town & Country, the INCA line is a favorite among celebrities including Denise Richards, Kelly Ripa, and Carmen Electra. INCA products are available at luxury departments and specialty stores including Barneys New York, Scoop, and Intermix, and can also be purchased online. Flagship boutique stores in New York and Miami are slated to open in late 2007.

Before the news was released, the stock closed Tuesday at $1.29 a share.

To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit, where you may also sign up to receive free email alerts in advance of our press releases being issued.

Apple Inc. (NASDAQ: AAPL) up 1.5% on 38.1 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.

Advanced Micro Devices, Inc. (NYSE: AMD) down 0.1% on 19.9 million shares traded.

Advanced Micro Devices is a leading global provider of innovative processing solutions in the computing, graphics and consumer electronics markets. AMD is dedicated to driving open innovation, choice and industry growth by delivering superior customer-centric solutions that empower consumers and businesses worldwide.

State Street Corporation (NYSE: STT) up 8.3% on 14.8 million shares traded.

State Street Global Advisors, the investment management arm of State Street Corporation, delivers investment strategies and integrated solutions to clients worldwide across every asset class, investment approach and style.

Market Commentary:

"Holy cow! Hang on to your wallet as this gas guzzler world is going to take another bite out of you budget; with oil hitting record numbers at $88.15 a barrel, up by $2.02, many oil analysts are now saying soon it will be $90," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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