February 14, 2008 09:08 ET

Wall Street News Alert: Investment Alert: ELHI! February 14, 2008

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

WESTON, FL--(Marketwire - February 14, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Edgeline Holdings, Inc. (OTCBB: ELHI), 3M (NYSE: MMM), Dendreon Corporation (NASDAQ: DNDN) and Baxter International Inc. (NYSE: BAX).

Edgeline Holdings, Inc. (OTCBB: ELHI), which recently announced a name change to Oncolin Therapeutics Inc., has issued more important news that should have investors attention this morning. Yesterday after the markets closed, the company issued a press release announcing that one of its research programs for which it has rights was awarded a peer reviewed National Institute Of Health Grant for $179,000 to support research on thermally targeted delivery of Doxorubicin.

This is great news for the company and its investors! There is a great need to develop drugs that target tumors to provide increased efficacy and reduced toxicity. According to the press release, preliminary results reported in this grant demonstrated that specific polypeptide doxorubicin conjugates showed increased cytoxicity and decreased toxicity when used in conjunction with hyperthermia. This research will be expanded to other drugs and animal testing to choose the best candidate to bring into clinical development.

Specific targeting of the proposed chemotherapeutic polypeptide carriers to solid tumors by local hyperthermia would increase specificity and efficacy of treatment and reduce the toxicity to normal tissues. This technology therefore represents a potential platform useful for a variety of chemotherapeutic agents.

"We are very happy that this program has received funding from such a prestigious organization as the NIH to help progress this potential platform technology," commented Dr. Donald Picker, COO of Edgeline Holdings, Inc.

Dr. Donald Picker first came to the attention of Wall Street News Alert on January 8, 2008, when it was announced in a company press release, that he had joined Intertech Bio. This was a great move for the company. Dr. Picker and his group were responsible for the development of Carboplatin, one of the world's leading cancer drugs currently in use with annual sales of over $500 million.

Wall Street News Alert is continuing to alert investors to monitor the progress of the company! Edgeline has recently announced it has obtained an exclusive option agreement with The University of Texas M.D. Anderson Cancer Center which provides the Company the right to negotiate a license for five technologies relating to the treatment of various cancers over a nine month period.

In addition, Oncolin has recently announced a Joint Development Agreement with Houston Pharmaceuticals to assist the Company in obtaining a license for certain patents, several of which are from the University of Mississippi and the University of Louisiana. Houston Pharmaceutical will continue collaborations with both universities and assist in securing grants on behalf of the company.

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

For an in-depth profile of Edgeline Holdings, visit http://www.WallStreetNewsAlert.com/HotStocks/ELHI021308/default.aspx.

3M (NYSE: MMM) up 2.8% on 3.7 million shares traded.

A recognized leader in research and development, 3M produces thousands of innovative products for dozens of diverse markets. 3M's core strength is applying its more than 40 distinct technology platforms -- often in combination -- to a wide array of customer needs.

Dendreon Corporation (NASDAQ: DNDN) down 2.5% on 9 million shares traded.

Dendreon Corporation is a biotechnology company whose mission is to target cancer and transform lives through the discovery, development and commercialization of novel therapeutics that harness the immune system to fight cancer.

Baxter International Inc. (NYSE: BAX) up 0.6% on 3.2 million shares traded.

Baxter International Inc., through its subsidiaries, assists healthcare professionals and their patients with the treatment of complex medical conditions, including cancer, hemophilia, immune disorders, kidney disease and trauma.

Market Commentary:

"Wall Street moved higher Wednesday after the Commerce Department reported an unexpected increase in retail sales last month and eased some concerns about consumers' willingness to spend despite economic uncertainty," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been currently compensated Eighteen Thousand Dollars for coverage of Edgeline Holdings, Inc. (OTCBB: ELHI), by the company, for services provided including dissemination of company information in this release. WSCF was also previously compensated for services rendered in 2007; the previous compensation can be viewed by looking at a 2007 WSNA, ELHI press release. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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