Wall Street News Alert's Breaking Market News! February 22, 2005


WESTON, Fla., Feb. 22, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Madison Explorations Inc. (Pink Sheets:MDEX), Merck & Co. Inc. (NYSE:MRK), Pfizer Inc. (NYSE:PFE) and Novell Incorporated (Nasdaq:NOVL).

Aggressive investors and traders may be watching Madison Explorations Inc. (Pink Sheets:MDEX) this morning! Yesterday the company issued a press release announcing that drilling has commenced at Scout Lake.

This could be good news for investors! According to the press release, Madison has five priority targets at Scout Lake after an extensive ground program consisting of indicator sampling, ground magnetics and a Mobile Metal Ions survey.

Investors watch this one as the company's prospects continue to unfold! The drill program is expected to take approximately 10 days to execute. The results will be announced pending analysis of the drill core.

For more in-depth coverage of Madison Explorations, visit http://216.63.242.254/MDEX0221.htm

Prior to the press release, the stock had closed at forty-six cents a share.

In case you are not familiar with the company: Madison Explorations, Inc. is a progressive mineral exploration company focusing on the discovery of diamonds. The Company has a portfolio of three highly prospective diamond properties located in one of Canada's newest diamond exploration regions in Southern Saskatchewan.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Merck & Co., Inc. (NYSE:MRK) up 13% on 59 million shares traded, Pfizer Inc. (NYSE:PFE) up 6.9% on 92.2 million shares traded and Novell Inc. (Nasdaq:NOVL) up 2.9% on 13.6 million shares traded.

Commentary:

"The Labor Department's Consumer Price Index for January, due Wednesday, will draw increased scrutiny due to the unexpectedly high PPI figure last week. The CPI, which measures the prices paid by consumers for goods and services, is expected to rise 0.2 percent, compared with a 0.1 percent drop in December," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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 info@wallstreetnewsalert.com

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 40 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.

-- 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! If you receive any such fax, please do not contact us at www.wallstreetnewsalert.com. You may wish to inquire about the fax with the CEO of the company that the fax is written about. --

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). 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. For present and future services, WSCF has been compensated eighteen thousand dollars for coverage of Madison Explorations Inc. (Pink Sheets:MDEX), by a third party (Pale Face Holdings Inc.), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. In 2004, WSCF was compensated for previous services performed for Madison Explorations, Inc.; for information on that compensation, contact us at info@wallstreetnewsalert.com. WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares 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. Market commentary provided by Sonja Rudd. Sonja Rudd does not accept stock as compensation from any of the companies mentioned in this release.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of 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 companies' 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 Data