SOURCE: Wall Street News Alert

Wall Street News Alert

August 23, 2007 09:38 ET

Wall Street News Alert: Stocks on the Move for Thursday: SDVI! August 23, 2007

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

WESTON, FL--(Marketwire - August 23, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Signature Devices, Incorporated (PINKSHEETS: SDVI), Level 3 Communications, Inc. (NASDAQ: LVLT), Wyeth (NYSE: WYE) and 3Com Corporation (NASDAQ: COMS).

Signature Devices, Inc. (PINKSHEETS: SDVI), an official publisher for Nintendo and Sony Entertainment, should have aggressive investors watching, as the company continues to deliver quality video games to this $30 Billion Dollar global market!

Wednesday after the markets closed, the company issued a press release announcing that SNK Playmore has agreed to settle a lawsuit pertaining to breach of contract by SNK Playmore, for the development of video games. Signature Devices, Inc. initiated the lawsuit in 2006.

This is great news for the company, which has previously announced that its interactive entertainment and video game development and publishing subsidiary, Graffiti Entertainment, LLC, has been granted the right to develop a new Xbox LIVE® Arcade game. This week, the company has also announced that 277 million shares of outstanding common stock will be retired in favour of preferred convertible stock, and according to that release, Kenneth Hurly, CEO of Signature Devices, stated, "We are also in the process of PCOAB audits in preparation for becoming a fully reporting company and having our company's stock upgraded."

Commenting on the settlement, Kenneth Hurley, chief executive officer of Signature Devices, Inc., said, "We are pleased with the outcome of this legal proceeding, all of which demonstrates Signature Devices' commitment to defending its rights for compensation under development agreements, thereby protecting the investment of its shareholders, employees and sub-contractors. This settlement shows our commitment to fair and equitable development agreements as both a publisher and developer. It is also a great feeling to be free from pending litigation and to get back to the fundamentals of our business."

Philip Kramer, General Counsel for Signature Devices, Inc., commented, "In the end we received tens of thousands of dollars from SNK to settle the lawsuit. We could have taken this further, but were willing to settle early and have a clean slate with no more pending litigation. If SNK Playmore would have paid as agreed, we could have avoided litigation and saved both companies unnecessary expenditures."

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Signature Devices! Based in Redwood City, Calif., Signature Devices, Inc. creates, develops and manufactures advanced information technology, including computer systems, software and electronics products. One of the company's premier technologies includes a blend of hardware and software for Image generation technology used in video games and simulations. Its wholly owned subsidiary Graffiti Entertainment, LLC is a full service developer and publisher of interactive entertainment software for advanced entertainment consoles. Its focus is on creating, developing, and publishing trend setting titles with mass-market appeal.

Prior to the latest press release, the stock closed Wednesday at Twenty Four cents a share.

For an in-depth profile of Signature Devices, visit

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

Level 3 Communications, Inc. (NASDAQ: LVLT) up 1.2% on 23.4 million shares traded.

Level 3 Communications, Inc., an international communications company, operates one of the largest Internet backbones in the world. Through its customers, Level 3 is the primary provider of Internet connectivity for millions of broadband subscribers.

Wyeth (NYSE: WYE) up 2% on 8.3 million shares traded.

Wyeth is one of the world's largest research-driven pharmaceutical and health care products companies. It is a leader in the discovery, development, manufacturing and marketing of pharmaceuticals, vaccines, biotechnology products and non-prescription medicines that improve the quality of life for people worldwide.

3Com Corporation (NASDAQ: COMS) up 2.4% on 4.3 million shares traded.

3Com Corporation is a leading provider of secure, converged voice and data networking solutions for enterprises of all sizes. 3Com offers a broad line of innovative products backed by world-class sales, service and support, which excel at delivering business value for its customers.

Market Commentary:

"Money doesn't buy happiness, according to a survey by MTV and the Associated Press. For younger adults, 20% prefer spending time with family, 15% say spending time with friends is more important than money, and only 1% says that money gives them the most joy," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're interested in telling your story, we can help. Contact us at or see our services at

WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 50 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at and select the "join now" button.

*** It has come to the attention of Wall Street News Alert (WSNA), that various persons or companies distribute faxes bearing similar names to Wall Street News Alert. Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street.***

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

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 a total of Eighty-Four Thousand Dollars for coverage of Signature Devices, Inc. (PINKSHEETS: SDVI), by third parties (Fifty Six Thousand Dollars for current and Fourteen Thousand Dollars for previous coverage by Silverking Consulting and Fourteen Thousand Dollars for previous coverage by Alex Consulting Inc.), who are both non-affiliated and may hold significant positions in the stock, 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.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.

Contact Information