Wall Street News Alert: Mid-Day Trade Alert: mPhase Technologies -- November 2, 2010

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

WESTON, FL -- (Marketwire) -- 11/02/10 -- Wall Street News Alert's "stocks to watch" this morning are: mPhase Technologies, Inc. (OTCBB: XDSL), Xueda Education Group (NYSE: XUE), Art Technology Group, Inc. (NASDAQ: ARTG) and United States Steel Corporation (NYSE: X).

To receive FREE Mobile Stock Alerts formatted especially for your cell phone, text the word "press" in the subject line to 68494.

Yesterday after the markets closed, mPhase Technologies, Inc. (OTCBB: XDSL) issued a press release announcing that it released a short, non-narrated, rough footage, technical video highlighting its smart surface technology, that illustrates the design elements that make up the final assembly of its first multi cell Smart NanoBattery.

To view the video, please visit: http://www.youtube.com/watch?v=gI5wvKUqr0Q

According to a press release issued earlier yesterday, the multi cell Smart NanoBattery is being developed as the result of a $750,000 Phase II STTR award with the United States Army, to demonstrate a battery that provides unprecedented shelf life, as well as the ability to continuously power a device requiring that the application running in its memory be always on.

This smart surface technology allows for the creation of smart devices, like the Smart NanoBattery featured in the video, by bringing unprecedented intelligence and programmability to power sources like never before.

mPhase is committed to developing its smart surface technology for other applications and bringing its Smart NanoBattery technology to the commercial market place.

The stock closed yesterday at a Penny a share.

Xueda Education Group (NYSE: XUE) as of 10:45am EDT. up 41.4% on 6.8 million shares traded. Xueda Education Group is the leading national provider of tutoring services for primary and secondary school students in China with a focus on offering personalized tutoring services.

Art Technology Group, Inc. (NASDAQ: ARTG) as of 10:45am EDT. up 45.3% on 56.8 million shares traded. Art Technology Group, Inc. provides the most advanced cross-channel commerce software and services to fuel the growth of the world's best brands.

United States Steel Corporation (NYSE: X) as of 10:45am EDT. up 3% on 5.3 million shares traded. United States Steel Corporation is one of the leading steel companies in the U.S.

Market Commentary:
At the pump, the national average for a gallon of unleaded regular gasoline was $2.803 a gallon Monday, up about 10 cents from a month ago, according to AAA, Wright Express and Oil Price Information Service.

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 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 100 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 Capital Funding LLC (WSCF), also doing business as Wall Street News Alert, disseminates electronic information to subscribers through its network of affiliated companies and/or partners. 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 may or may not have approved the statements made in this release and may or may not have 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 that may or may not include the referenced company's publicly disseminated information, information supplied by third parties or WSCF's own research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. 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. To comply with Section 17(b) of the Securities Act of 1933, WSCF is disclosing that the company has not been compensated for dissemination of this information on behalf of one or more of the companies mentioned in this release. For current services performed for mPhase Technologies, Inc. (OTCBB: XDSL), WSCF has not been compensated. However, WSCF may be compensated for future services, at which time WSCF will provide full disclosure of compensation received. WSCF holds no shares of the stock. WSCF may receive compensation for future 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. In the event of any receipt of such shares, full disclosure would be shown above. 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 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.

Company: Wall Street News Alert
Contact email: Email Contact
URL: http://www.wallstreetnewsalert.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.