WESTON, Fla., Feb. 11, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Viastar Holdings Inc. (OTCBB:VISH), Champion Enterprises Inc (NYSE:CHB), Network Engines Inc. (Nasdaq:NENG) and Inter Parfums Inc. (Nasdaq:IPAR).
Aggressive investors may want to watch Viastar Holdings Inc. (OTCBB:VISH) again this morning, as the company continues to release news! Yesterday after the markets closed, the company and Acclaim Records issued a press release announcing that country recording artist Tyler Alexander has reached several key milestones in anticipation of the release of his self titled debut album distributed by Viastar Distribution Group!
The album's breakout single, "Lonely Don't Get Lonelier Than This," recently charted at No. 1 on the Indie World Country Report months in advance of the April 6, 2004 street date. The second single, "Because of You", shipped to radio February 9, 2004 for the celebrated young artist who has already opened for LeeAnn Womack, The Wilkinsons and Blake Shelton.
This could be more great news for investors! As the Nashville-based independent promotions team of Williams Productions & Promotions begins the radio campaign, Tyler has secured the prestigious opportunity to perform on national television, singing the National Anthem opening week for the World Series Champion, Florida Marlins. Viastar will launch a full-scale marketing and sales campaign with its retail partners immediately to take advantage of the national exposure Tyler is expected to receive.
Continue to keep your eyes on this company! Having already been named "The Most Promising Male Vocalist" by the International North American Country Music Association (INACMA), Tyler has the distinction of being one of the youngest singers to perform at the Ryman Auditorium (the original Grand Old Opry). The recognition he has received will be key to the early publicity campaign generated by Acclaim and Viastar, as the companies look to build a solid sales base on the artist's first album. He is scheduled to revisit his growing fan base in Tennessee, Florida, Illinois, Wisconsin, Minnesota, North Dakota, New Mexico, Wyoming, Texas, Georgia, and Virginia as he tours the nation in support of his debut CD.
On January 26th, Viastar Holdings announced that the company had signed an exclusive worldwide distribution agreement with Florida-based Acclaim Records.
The stock closed yesterday at fifty-six cents a share.
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.
Stocks showing interesting activity yesterday were: Champion Enterprises Inc (NYSE:CHB) up 31.4% on 4 million shares traded, Network Engines Inc. (Nasdaq:NENG) up 13.1% on 3.7 million shares traded and Inter Parfums Inc. (Nasdaq:IPAR) up 8.5% on 965,600 shares traded.
Commentary:
"Algiers, Algeria saw the OPEC meetings the last few days come to a resolution to cut 1 million barrels per day of oil starting April 1st. The 11 member OPEC cartel, which pumps about one-third of the world oil consumption, expressed fears of falling prices in the spring and a lessening of global demand, by as much as 2.5 million barrels per day. Tuesday saw oil prices jump to $33 per barrel, up from Friday's $28 per barrel. Supply has lagged demand, especially from China, where demand continues to grow as their economy surpasses expectations," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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