SOURCE: Wall Street News Alert

Wall Street News Alert

October 26, 2006 08:33 ET

Wall Street News Alert: Stocks on the Move for Thursday! 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), Exxon Mobil Corporation (NYSE: XOM), Integrated Device Technology, Inc. (NASDAQ: IDTI) and Diamond Offshore Drilling, Inc. (NYSE: DO).

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.

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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.

Exxon Mobil Corporation (NYSE: XOM) up 1.6% on 25.8 million shares traded. Exxon Mobil Corporation is an international energy company whose subsidiaries have operations in many countries and territories.

Integrated Device Technology, Inc. (NASDAQ: IDTI) up 6% on 10.3 million shares traded. IDT is one of the leaders in developing and delivering vital semiconductor solutions that enable customers to accelerate innovation.

Diamond Offshore Drilling, Inc. (NYSE: DO) up 1.6% on 6.5 million shares traded. Diamond Offshore provides contract drilling services to the energy industry around the globe and is a leader in deepwater drilling.

Market Commentary:

"Existing home sales were off by 1.9%, a drop for the sixth month in a row according to the National Association of Realtors. Sales are off by 14.2% in the past 12 months and the median price of a home in the U.S. dropped by 2.2% or $220,000. Median prices have fallen for two straight months, the first such drop in 16 years," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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