SOURCE: Wall Street News Alert

Wall Street News Alert

August 21, 2008 08:33 ET

Wall Street News Alert: Stocks in Focus for Thursday! August 21, 2008

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

WESTON, FL--(Marketwire - August 21, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Fresh Harvest Products Incorporated (OTCBB: FRHV), GE (NYSE: GE), Whole Foods Market (NASDAQ: WFMI) and Del Monte Foods Company (NYSE: DLM).

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It's turning out to be a big week for Fresh Harvest Products, Inc. (OTCBB: FRHV), as the company has issued a series of press releases over the pasted few days! Yesterday the company issued a press release announcing that on August 18, 2008 its Board of Directors approved a resolution to seek shareholder approval to amend its certificate of incorporation to effect a forward stock split of its common stock at the rate of 11 shares for every 10 shares outstanding.

Great news for the company! Commenting on the move, Company President and CEO Michael J. Friedman commented that, "The stock split is designed to attract additional individual stockholders, increase the liquidity of the stock and diversify the stockholder base, all of which are in line with our overall growth strategy and shareholder interest."

On Tuesday the company also reported an update to its formal corporate operations and its acquisition and partnership strategy.

The company's business strategy has three key facets: (1) maximize its Wings of Nature™ Brand by increasing current distribution, expanding product offerings, and maximizing opportunities to reach the core consumer through trade promotional activities; (2) Utilize the Management Team and Supply Chain Operation to exclusively represent Companies/Brands that complement the company's current offerings; and, (3) pursue opportunities to partner and acquire assets that will enhance the Company's growth potential and increase shareholder value.

Highlights of the update include details on: Brand Positioning, Sales and Distribution, New Product Initiatives, Third Party Brand Representation and the company's Acquisition & Partnership Strategy.

Michael J. Friedman, Founder and President, commented, "Activity continues to be positive on all of our projects in delivering our stated aim to pursue appropriate opportunities to partner and/or acquire businesses that share our approach, and whose Assets and Brands will enhance our continued growth and shareholder value. Fresh Harvest's strategy necessitates a continuation of the pursuit to deliver proper capitalization to maximize its plan."

Investors are urged to continue to monitor the progress of the company!

The stock closed Wednesday at Twenty Eight cents a share.

For a recent Wall Street News Alert's in-depth profile of Fresh Harvest Products, visit http://www.WallStreetNewsAlert.com/HotStocks/FRHV082008/default.aspx

In case you are not familiar with the company: Fresh Harvest Products, Inc. sells, markets and distributes natural and organic food products and beverages. Under the Wings of Nature™ brand name, Fresh Harvest offers a line of organic snack products, which primarily include health bars, coffee bars, tortilla chips and salsa. In addition, Fresh Harvest provides a grocery product line which includes several varieties of whole bean and ground coffees, olive oil and beverages. The Company sells its products through specialty and natural food distributors to stores, specialty supermarkets and retailers. Additionally, Fresh Harvest represents a branded line of patent pending bio-remediation products. Fresh Harvest Products, Inc. is headquartered in New York City.

GE (NYSE: GE) down 0.9% on 37.6 million shares traded.

GE is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide.

Whole Foods Market (NASDAQ: WFMI) down 0.5% on 3.1 million shares traded.

Whole Foods Market (http://www.wholefoodsmarket.com) is the world's leading natural and organic foods supermarket and America's first national certified organic grocer.

Del Monte Foods Company (NYSE: DLM) down 1.2% on 1.4 million shares traded.

Del Monte Foods is one of the country's largest and most well known producers, distributors and marketers of premium quality, branded food and pet products for the U.S. retail market, generating more than $3.7 billion in net sales in fiscal 2008.

Market Commentary:

"OIL NEWS: Light, sweet crude for September delivery rose 9 cents to $114.62 a barrel in afternoon trading on the New York Mercantile Exchange, after rising as high as $117.03 before the inventory data was released and then falling as low as $112.61," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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