EquityAlert.com Announces Investment Opinion, No. 4 of 8

Business Editors 
NOTE TO EDITORS: The following is an investment opinion issued 
by EquityAlert.com 
EquityAlert.com (OTCBB:EINC) 
EquityAlert.com (www.equityalert.com), one of the largest online
trader-exclusive communities and provider of real time news alerts,
announced that its free, customized news alert service forwarded
releases via email on a wide range of NASDAQ stocks, including RELM
Wireless Corporation (NASDAQ: RELM), which gained 124.49% on Thursday,
January 20th, on the news of the Company and Hitachi Denshi of Tokyo
announcing the formation of an alliance under which the two companies
will jointly develop wireless communications products for sale
worldwide by RELM. 
EquityAlert.com's real time public company news alerts are a free
service that allows pro-active investors to receive email news alerts
on the stocks they own or plan to own, thus allowing them to take
advantage of potentially significant price moves that often follow
time-sensitive news announcements. 
Among the top news stories forwarded to EquityAlert.com's
subscriber base was CytoTherapeutics Inc. (NASDAQ: CTII). StemCells
Inc., a wholly owned subsidiary of CytoTherapeutics, announced results
which suggest they have succeeded, for the first time, in purifying
human brain stem cells directly from brain tissue and have
dramatically expanded the number of these cells in simple defined
Another active issue was VIVUS Inc. (NASDAQ: VVUS). The Company
announced that it expects to report earnings per share between $0.40
and $0.42 for its fourth quarter of 1999. 
Additional recent email releases on active NASDAQ issues with
large percentage gains included Telular Corp. (NASDAQ: WRLS), Biomira
Inc. (NASDAQ: BIOM), Alpha Microsystems (NASDAQ: ALMI), Intelidata
Technologies Corp. (NASDAQ: INTD), Concurrent Computer Corp. (NASDAQ:
CCUR), Digital Microwave Corp. (NASDAQ: DMIC), Altera Corp. (NASDAQ:
ALTR), Vertel Corp. (NASDAQ: VRTL), Hi/fn Inc. (NASDAQ: HIFN),
Gasonics International Corp. (NASDAQ: GSNX), Bamboo.com Inc. (NASDAQ:
BAMB) and Entremed Inc. (NASDAQ: ENMD). 
For more information on these and other actively traded issues on
all major US markets, please visit our Web site located at
www.equityalert.com. In addition to free real time public company news
alerts via email, individuals are also able to chat "live" with
active, sophisticated traders and investors from all over North
America and Europe. 
EquityAlert.com, a wholly owned online asset of EquityAlert.com,
Inc. (Symbol: EINC), was developed exclusively for sophisticated,
pro-active online investors. 
Over 350,000 subscribers to EquityAlert.com's free service enjoy
a broad suite of trading tools, including "live chat," IPO
information, news, stock splits, analyst coverage, proprietary trading
barometers, and much more, including EquityAlert's most popular
feature - free real time public company news alerts via email. 
For additional information about EquityAlert.com, please visit
our Web site at www.equityalert.com or contact Gurm Kundan at
604-659-5009. For advertising information, please contact Mr. Terry
Johnston at 877-586-1200 (toll free) or by email at
advertising@equityalert.com . 
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and section 21E
of the Exchange Act of 1934, as amended by Public Law 104-67 and is
subject to safe harbor created by these sections. Actual results,
performance or achievements could differ materially from those
anticipated in such forward-looking statements, which involve numerous
risks and uncertainties, including the Company's ability to
continually expand its subscriber base and opt-in email lists, market
its services to potential advertisers and future acceptance of the
Company's services.
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