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Wall Street News Alert: Breaking News Alert - SDVG! March 30, 2007

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

WESTON, FL -- (MARKET WIRE) -- 03/30/07 -- Wall Street News Alert's "stocks to watch" this morning are: Superior Development Group, Inc. (PINKSHEETS: SDVG), Countrywide Financial Corporation (NYSE: CFC), Fannie Mae (NYSE: FNM) and Bear Stearns Companies Inc. (NYSE: BSC).

Superior Development Group, Inc. (PINKSHEETS: SDVG) is another new stock to put on your radar and watch as Wall Street News Alert initiates coverage of the company. Thursday after the markets closed, the company, a residential real estate development company, issued a press release announcing that due to the overwhelming response that it has received for its Lease Purchase Program aimed to curtail the fallout in the subprime lending market announced by the Company on March 21, 2007, it will create a Lease Purchase Mortgage subsidiary to further implement the program and work directly with mortgage brokers and realtors nationwide who are interested in the Lease Purchase Program.

Derrick D. Neal, President and CEO of Superior Development commented that, "As we continue to see the fallout in the subprime lending market, which has a direct affect on the housing market that has effects on home builders to first-time home buyers and existing home sellers, we continue to believe that the Lease Purchase method of purchasing a home is set to become a major force in the real estate market place." Mr. Neal also said that, "The mortgage company should be up and running within the next ninety day after an experience management team is in place.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Superior Development Group! Superior Development Group, Inc. is a publicly traded multi-faceted real estate development Company that primarily develops affordable single and multifamily housing communities. The Company operates through subsidiaries that purchase raw land or undervalued properties, improves them and profits from the investment through development fees, sales income or rental income. In addition to prospective real estate housing opportunities Superior Development has also entered into the business of Resort Hotel and Casino business with the planned acquisition of Triad Resorts, LLC, a Nevada Limited Liability Corporation.

Continue to watch this company.

Prior to the latest press release, the stock closed Thursday at $2.38 a share.

For Wall Street News Alerts in-depth profile of Superior Development Group, visit: http://www.thenewssvc.com/SDVG032907.html.

Countrywide Financial Corporation (NYSE: CFC) up 0.3% on 11.5 million shares traded. Countrywide Financial Corporation is a diversified financial services provider and a member of the S&P 500, Forbes 2000 and Fortune 500.

Fannie Mae (NYSE: FNM) up 1.2% on 4.7 million shares traded. Fannie Mae has pledged through its American Dream Commitment to expand access to homeownership for millions of first-time home buyers.

Bear Stearns Companies Inc. (NYSE: BSC) up 2.3% on 4.4 million shares traded. Bear Stearns Companies Inc. is a leading financial services firm serving governments, corporations, institutions and individuals worldwide.

Market Commentary:

"Circuit City is looking to hire, that's because they just announced that they are laying-off 3,400 of its highest paid employees. Circuit City said that those higher-paid employees are free to take positions in the lower paying tiers. Wow, what a deal," 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 [email protected]

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 http://www.wallstreetnewsalert.com and select the "join now" button.

WSNA is a Platinum Sponsor of Quality Stocks. Quality Stocks tracks the stock picks of 150 Investment Newsletters every day and reports on their performance. For Their Free Service, Visit www.qualitystocks.net.

*** 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 Fourteen Thousand Dollars for coverage of Superior Development Group, Inc., (PINKSHEETS: SDVG), by a third party (Consolidated Diversified Investments), who is non-affiliated and may hold a significant position 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 clients 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.

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

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