Wall Street News Alert's -- Breaking Stock Market News for Tuesday, January 6, 2004!


WESTON, Fla., Jan. 6, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Viastar Holdings Inc. (OTCBB:VISH), Kmart Holding Corporation (Nasdaq:KMRT), Highway Holdings Limited (Nasdaq:HIHO) and Tegal Corporation (Nasdaq:TGAL).

Aggressive investors need to be watching Viastar Holdings Inc. (OTCBB:VISH) this morning! Yesterday after the markets closed, the company issued a press release announcing that recording has begun for legendary platinum songwriter/producer Gardner Cole's greatest hits. The new release entitled "Gardner Cole, Past to Present" has commenced at the Company's A.V.O. Studios in Mesa, Arizona.

As previously announced (see December 18th, 2003 press release), the album will include top 10 singles such as "Open Your Heart," the number one hit originally recorded by Madonna, "Everything" originally recorded by Jody Watley which charted at No. 3 on Billboard's top ten and "Another Lover," the title song from the hit Tri-Star release, "Loverboy."

This could be good news for investors! As a former Warner Brothers recording artist, Mr. Cole was named "Number 2 Songwriter for 1988" by Billboard Magazine and has in excess of 150 of his songs recorded worldwide on over 35 million albums by artists such as Tina Turner, Amy Grant, Tom Jones and Madonna. Mr. Cole's songs also appear in many feature films including "French Kiss," "Grand Canyon," "Days of Thunder," "Coming to America," "Gremlins 2" and the Britney Spears film, "Crossroads."

In case you are unfamiliar with Viastar Holdings, Inc, the company is engaged in development, production and distribution of entertainment related media for film, television, music and publishing interests. The company's portfolio currently includes ownership of Viastar Distribution Group, A.V.O. Studios, Moving Pictures International, Viastar Records, Quadra Records, Light of the Spirit Records, and Viastar Classical. Keep your eye on this one! The stock closed yesterday at twenty-five cents a share.

Stocks showing interesting activity yesterday were: Kmart Holding Corporation (Nasdaq:KMRT) up 26.6% on 6.2 million shares traded, Highway Holdings Limited (Nasdaq:HIHO) up 36.8% on 652,800 shares traded and Tegal Corporation (Nasdaq:TGAL) up 23.8% on 7.6 million shares traded.

Commentary: Economic Calendar

"Consumer Confidence slipped a little during December with retail sales up slightly from the prior year, (this Thursday will see the final numbers for December 2003), last week showed that the manufacturing sector expanded for a sixth straight month, the performance the best in 20 years. Friday will see unemployment numbers, and weekly unemployment claims on Thursday. OPEC (the Organization of Petroleum Exporting Countries) will be making an announcement this week regarding expanding the oil supply. U.S. demand for oil hit a record high of more than 20 million barrels per day in 2003," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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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. WSNA has been compensated seventy thousand shares for coverage of Viastar Holdings Inc. (OTCBB:VISH), by a third party (Mexcape Investment Corp), who is non-affiliated, for services provided including dissemination of company information in this release. WNSA has sold fifty thousand of its shares. 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.

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