WordPress Loop Issue change

<?php /* Suggestions welcome to tidy up this loop */ ?>

<?php /* Show ONE post from category 7 in div#featured */

$featured_query = new WP_Query( 'cat=7&posts_per_page=1' );

if ( $featured_query->have_posts() ) while ( $featured_query->have_posts() ) : $featured_query->the_post(); ?>
    <div id="featured">
        <img src="<?php echo get_post_meta($post->ID, "articleimg", TRUE); ?>" width="306px" height="365px" alt="<?php the_title(); ?>" /><?php echo $fdesc; ?>
        <div class="overlay">
            <p><strong>
                <a href="<?php the_permalink() ?>" rel="bookmark" title="<?php the_title_attribute(); ?>"><?php the_title(); ?></a></strong><br />
                <a href="<?php the_permalink() ?>" rel="bookmark" title="<?php the_title_attribute(); ?>"><?php the_excerpt(); ?></a>
            </p>
        </div>
    </div>

<?php endwhile;

/* Show THREE post excerpts from all categories except category 7 in div#articles */
$excerpt_query = new WP_Query( 'cat=-7' ); ?>

<div id="articles">
<?php

if ( $excerpt_query->have_posts() ) :
    $count = 4;
    while ( $excerpt_query->have_posts() ) : $excerpt_query->the_post();
        if ( $count < 7 ) { ?>
        <div class="post" id="post-<?php the_ID(); ?>">
            <h2><a href="<?php the_permalink() ?>" rel="bookmark" title="Permanent Link to <?php the_title_attribute(); ?>">
            <?php the_title(); ?></a></h2>
            <?php the_excerpt(); ?>
            <p class="comments">
                <?php comments_popup_link('0', '1', '%'); ?>
            </p>
        </div>
        <?php

        /*
         * Show the next four post TITLES ONLY excerpts from all categories except
         * category 7 in an UNORDERED LIST, still within div#articles
         */

        } else if ( $count < 11 ) {
            if ( $count == 7 ) {
                echo '<ul>';
            } ?>
            <li><a href="<?php the_permalink() ?>" rel="bookmark" title="Permanent Link to <?php the_title_attribute(); ?>"><?php the_title(); ?></a></li>
            <?php
            if ( $count == 10 ) {
                echo '</ul>';
            }
            $count++;
        }
    endwhile;
endif; ?>
</div>