SOURCE: Wall Street News Alert

Wall Street News Alert

October 26, 2006 09:43 ET

Wall Street News Alert Issues Special Alert on Unicorp, Inc.! October 26, 2006

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

WESTON, FL--(Marketwire - October 26, 2006) - Wall Street News Alert's "stocks to watch" this morning are: Unicorp, Inc. (OTCBB: UCPI), ConocoPhillips (NYSE: COP), CSX Corporation (NYSE: CSX) and QLogic Corporation (NASDAQ: QLGC).

It's more good news from Unicorp, Inc., (OTCBB: UCPI)! The company, which has been continuously updating investors with exciting news, issued a press release yesterday after the markets closed. According to the company, its August 2006 production is up over 200% from the previous month of July. The increase is said to be attributable to its North Edna Prospect production being brought online and increased production from its Abbeville Field.

"We are pleased our North Edna Prospect is now producing and that we are now generating cash flow from our drilling investment," stated Kevan Casey, CEO of Unicorp. "As previously reported, our Walley Prospect in Greene County, Mississippi will begin producing this week at an estimated rate of 100 barrels per day, which will further add to our cash flow."

Wall Street News Alert continues to place Aggressive Investors on alert to monitor the progress of Unicorp! On Monday the company announced that the Lejuene Well #1 (part of the North Edna Prospect) has been producing an average of approximately 112 barrels of oil per day since first production in August 2006. Unicorp now expects to begin drilling the additional wells on this prospect within the next four months.

Prior to the press release, Unicorp's stock closed yesterday at around Sixty cents a share.

For an in-depth, updated profile of Unicorp, visit: http://www.thenewssvc.com/UCPI102506.html

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

In case you are not familiar with the company: Unicorp, Inc. is primarily engaged in the acquisition, development, exploration and production of crude oil and natural gas. Its focus is on aggressively acquiring working interests in crude oil and natural gas properties with the intent of exploration and development or by enhancing production through the use of modern development techniques such as horizontal drilling, satellite technology and 3-D seismic. The company's goal is to achieve a high return on its investment by limiting its up-front acquisition costs, by quickly developing its acquisitions and by practicing a sound and smart approach to oil and gas exploration and development.

ConocoPhillips (NYSE: COP) up 2.2% on 13.6 million shares traded. ConocoPhillips is an integrated petroleum company with interests around the world.

CSX Corporation (NYSE: CSX) up 3.7% on 6.9 million shares traded. CSX Corporation is one of the leading transportation company's providing rail, intermodal and rail-to-truck transload services.

QLogic Corporation (NASDAQ: QLGC) up 8.3% on 9 million shares traded. QLogic is a leading supplier of high performance storage networking solutions.

Market Commentary:

"Oil jumped by $1.35 a barrel or $60.70 a barrel as data showed a decline in supplies of oil and gasoline the last week. Gold was up as well, $3.20, to trade at $590.80 an ounce for December delivery," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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