SOURCE: Wall Street News Alert

Wall Street News Alert

September 19, 2007 09:43 ET

Wall Street News Alert: Investors Alert for Wednesday: ELHI! September 19, 2007

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

WESTON, FL--(Marketwire - September 19, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Edgeline Holdings, Inc. (OTCBB: ELHI), QUALCOMM Incorporated (NASDAQ: QCOM), First Solar, Inc. (NASDAQ: FSLR) and JA Solar Holdings Co., Ltd. (NASDAQ: JASO).

Investors keep your eyes on Edgeline Holdings, Inc. (OTCBB: ELHI) 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 its newly formed subsidiary, New EnerSource, Inc., has entered into the due diligence phase on its potential acquisition of an enhanced oil recovery technology.

This could be good news for the company, as according to the company press release, this phase will involve testing the technology on a set number of wells in a large oilfield located in Texas in order to measure any increased production. This technology is still in the proof of concept phase and would require additional funding to fully develop, but if successful, would address part of the unrecoverable oil market. The press release also states that it is estimated that Texas alone has over 100 billion barrels of oil that are classified as unrecoverable.

Enhanced Oil Recovery (EOR) is a generic term for techniques for increasing the amount of oil that can be extracted from an oil field. Using EOR, 30 to 60 %, or more, of the reservoir's original oil can be extracted compared with 20 to 40% using primary and secondary recovery technologies.

In other news, Equity Stock Analysis recently announced research coverage of Edgeline Holdings with a rating of ''Attractive'' and a Price Target of $1.50. The full report is available at http://www.equitystockanalysis.com.

This could be additional great news for this holding company, which recently launched into the billion dollar VoIP market with its acquisition of Secure Voice Communications, and is on the heels of another possible acquisition! The company had announced last month that it has reached a non-binding agreement to acquire Intertech Bio, a newly formed biotech company that is located in Houston, Texas, in an all-stock transaction. According to the press release, Intertech Bio is a developmental stage biopharmaceutical company with a primary focus on developing products to treat cancer, infectious diseases and other medical conditions associated with compromised immune systems.

Edgeline Holdings, Inc. is a publicly traded holding company that specializes in the area of discovering and acquiring leading-edge niche technologies. These technologies will be incubated and nurtured into market ready applications. Edgeline's current and prospective portfolio consists of early stage companies that require management expertise to further develop the technology to ultimately maximize the value of such technologies by bringing them to market through licensing arrangements and partnerships.

Prior to the latest press release, the stock closed Tuesday at Seventy cents a share.

For an in-depth profile of Edgeline Holdings, visit http://www.WallStreetNewsAlert.com/HotStocks/ELHI091807/default.aspx.

QUALCOMM Incorporated (NASDAQ: QCOM) up 2% on 20.5 million shares traded.

QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies.

First Solar, Inc. (NASDAQ: FSLR) up 6.6% on 2.2 million shares traded.

First Solar, Inc. manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs. By enabling clean renewable electricity at affordable prices, First Solar provides an economic alternative to peak conventional electricity and the related fossil fuel dependence, greenhouse gas emissions and peak time grid constraints.

JA Solar Holdings Co., Ltd. (NASDAQ: JASO) up 5.2% on 1.1 million shares traded.

Based in Hebei, China, JA Solar Holdings Co., Ltd. is an emerging and fast-growing manufacturer of high-performance monocrystalline solar cells. The Company sells its products to solar module manufacturers who assemble and integrate its solar cells into modules and systems that convert sunlight into electricity.

Market Commentary:

"Late summer brought no relief from soaring foreclosures. The number of homes in some stage of default jumped 36 percent month-over-month in August, according to a regular monthly survey," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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