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Wall Street News Alert -- U.S. Hot Stock Highlights -- July 27,

    Wall Street News Alert -- U.S. Hot Stock Highlights -- July
                            27, Part 2

WESTON, Fla., July 27, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Global Diversified Industries, Inc. (OTCBB:GDVI), BICO Inc. (Pink Sheets:BIKO), Cardiac Science Inc. (Nasdaq:DFIB) and Cognizant Technology Solutions (Nasdaq:CTSH).

Aggressive investors and traders should be watching Global Diversified Industries, Inc. (OTCBB:GDVI) again this morning, as the company continues the string of good news! Yesterday after the markets closed, the company issued a press release announcing that it can now design, manufacture and deliver new modular construction buildings that provide the aesthetics of conventional (stick-built) construction, but at greatly reduced costs and faster completion times than traditional construction projects.

This is great news for investors! These types of modular structures are becoming more popular with architects, who in most cases perform the design criteria for a new school, for new school wing additions etc. This type of construction renders a finished product that provides the aesthetics of conventional (stick-built) construction, and in many cases can also offer a more attractive "value-on-the-dollar" to schools due to Global's unique in-plant manufacturing process.

Global Diversified Industries, Inc. Chairman and CEO Phil Hamilton states, "We are continuing to invest in new design systems and product solutions that offer a wider range of modular building solutions to the California Education Sector, and which leverage our established expertise in design, manufacturing, installation and after-market support services. More school officials are expressing their desire for permanent-type buildings from their modular providers and we currently have several school districts who have started negotiations with our sales team for upcoming projects, one of them a complete new campus in Southern California with an estimated value of nearly $6 million."

Investors will want to keep your eyes on this company! Over the past week, the company has issued several press releases announcing that it is projecting a revenue increase of 100% (approximately $1.9 million in sales revenue for the quarter ending 7/31/04 vs. approximately $920,000 for the same period in 2003) and has increased its manufacturing and site construction workforce over the past three months by hiring 75 additional people.

The stock closed yesterday at just over eleven cents a share.

In case you are not familiar with the company: Global Diversified Industries, Inc. is a holding company with two wholly owned subsidiaries; Global Modular, Inc. and MBS Construction, Inc. Both are engaged in the modular construction marketplace with an emphasis on educational projects. They incorporate the latest in construction software, allowing them to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The company's work is found in Northern and Southern California, with numerous projects on budget for school systems throughout the state.

Stocks showing interesting activity yesterday at the close of the regular trading day were: BICO Inc. (Pink Sheets:BIKO) even on 51 million shares traded, Cardiac Science Inc. (Nasdaq:DFIB) up 22% on 3.4 million shares traded and Cognizant Technology Solutions (Nasdaq:CTSH) up 12.9% on 3.9 million shares traded.


"The corporate profit and loss profile for the second quarter continues to roll out this week as earnings reports will be heard from American Express, DuPont, Lockheed Martin, Boeing, Time Warner, Bristol-Meyers Squibb, Exxon Mobil and Chevron-Texaco. Last week investors, experts attest, were not impressed with earnings even as rebounds were announced: General Motors up 49%, Ford Motors claimed net income tripled, eBay up 52%, and profits posted at Pfizer, McDonald's, Coca-Cola, and One wonders what does it take to get investors excited as all the indexes posted a loss for last week. 'How about a fatter wallet,' claimed one analyst," stated Sonja Rudd in Wall Street News Alert's daily commentary continued 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 20 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at and select the "join now" button.

-- Wall Street News Alert is not affiliated with faxes bearing the names Wall Street Stock Alert or Wall Street News Alert! --

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. WSCF has been compensated six hundred and twenty two thousand and six hundred and twenty-two shares of Global Diversified Industries, Inc. (OTCBB:GDVI), by a third party (Mr. Joseph Salmeri), 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 has sold four hundred and twenty-two thousand of those shares, as of this release. WSCF may intend to immediately begin or continue selling its shares as this release is being circulated. WSCF may receive additional shares for extension of its services. Any additional shares 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. Market commentary provided by Sonja Rudd.

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.

CONTACT:  Wall Street News Alert

Provider ID: 00061421 -0- Jul/27/2004 12:50 GMT

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