SOURCE: Wall Street News Alert

Wall Street News Alert

August 29, 2007 08:28 ET

Wall Street News Alert Issues Special Alert on ELHI! August 29, 2007

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

WESTON, FL--(Marketwire - August 29, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Edgeline Holdings, Inc. (OTCBB: ELHI), First Solar, Incorporatd (NASDAQ: FSLR), Microvision (NASDAQ: MVIS) and LDK Solar Co., Ltd. (NYSE: LDK).

Investors keep your eyes on Edgeline Holdings, Inc. (OTCBB: ELHI) this morning. Yesterday, the company, which specializes in the area of discovering and acquiring leading-edge niche technologies, issued a press release announcing that it has formed New EnerSource, Inc., a wholly owned subsidiary, to develop and procure enhanced oil recovery technologies and develop international hydrocarbon plays.

This could be good news for the company, as according to the company press release, New EnerSource estimates that Texas alone has over 100 billion barrels of oil that are classified as unrecoverable! New EnerSource will actively pursue new innovative technologies that are in the early development phase from universities and other entities to utilize in reviving old fields that still have large reserves that were once thought 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. The press release states that using EOR, 30-60%, or more, of the reservoir's original oil can be extracted compared with 20-40% using primary and secondary recovery technologies.

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 this 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 Fifty cents a share.

For an in-depth profile of Edgeline Holdings, visit http://www.WallStreetNewsAlert.com/HotStocks/ELHI082807/default.aspx.

First Solar, Inc. (NASDAQ: FSLR) down 5% on 1.3 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. On August 10th, the company announced that it has priced an offering of 6,500,000 shares of its common stock at an offering price of $95.00 per share. The offering includes 4,000,000 primary shares offered by the Company and 2,500,000 secondary shares offered by certain stockholders of the Company.

Microvision (NASDAQ: MVIS) down 1.5% on 310,000 shares traded. Microvision provides the PicoP display technology platform designed to enable next generation display and imaging products for pico projectors, vehicles displays, and wearable displays that interface to mobile devices. The company also manufactures and sells its bar code scanner product line which features the company's proprietary MEMS technology.

LDK Solar Co., Ltd. (NYSE: LDK) down 3.2% on 818,000 shares traded. LDK Solar Co., Ltd. is a leading manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, the company provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers.

Market Commentary: "Home prices, in a Standard & Poor's report, are down by 3.2% in the second quarter versus a year ago. In this S&P/Case-Shiller Home Price Index, the top 20 metro areas for June fell 3.5%, the 10-city report it was a drop of 4.1 %," 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 compensated Twenty Eight 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 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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