WESTON, Fla., March 3, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Viastar Holdings Inc. (OTCBB:VISH), Conolog Corporation (Nasdaq:CNLG), SpectraLink Corp. (Nasdaq:SLNK) and Universal Stainless & All (Nasdaq:USAP).
Aggressive investors may want to look at Viastar Holdings Inc. (OTCBB: VISH)! Yesterday, the company issued a press release announcing that the company's distribution division, ViaStar Distribution Group has signed London-based Chocolate Fireguard Records to an Exclusive North American Distribution Agreement!
This could be more great news! Chocolate Fireguard will immediately work with ViaStar Distribution Group in distributing its newest cutting edge dance project "Kava Kava; Maui" to ViaStar's retail partners for April delivery. The first of several projects to be released from Chocolate Fireguard and ViaStar Distribution Group in 2004, "Kava Kava; Maui" is receiving international publicity and notoriety as "one of the more distinctive and funky albums of the year," (Blues & Soul) and a must to "be on every funk and disco playlist, period!" (DJ Magazine).
As ViaStar rolls out the UK label with an impressive track record and a solid consumer base, the Company expects Chocolate Fireguard to receive significant attention in 2004 as it brings its substantial catalog to the North American market. ViaStar anticipates aggressive sales from all Virgin Megastores, Tower Records, Wherehouse, FYE, Best Buy, Musicland, Sam Goody, and Newbury Comics as well as independent North American retailers.
The stock closed yesterday at Fifty 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: Conolog Corporation (Nasdaq:CNLG) up 126.4% on 1.3 million shares traded, SpectraLink Corp. (Nasdaq:SLNK) up 26.9% on 3.1 million shares traded and Universal Stainless & All (Nasdaq:USAP) up 21% on 528,800 shares traded.
Commentary: Markets
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