Wall Street News Alert's Hot Stocks to Watch! December 15, 2004


WESTON, Fla., Dec. 15, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Wisdom International Corp. (Pink Sheets:WSDM), Alloy, Inc. (Nasdaq:ALOY), Corning Incorporated (NYSE:GLW) and Insight Enterprises, Inc. (Nasdaq:NSIT).

Aggressive investors and traders may be watching Wisdom International Corporation (Pink Sheets:WSDM) this morning! Yesterday after the markets closed, the company issued a press release announcing that it has reached an agreement to purchase the remaining ownership shares of International Reinsurance, Ltd., Wisdom's Nevis based reinsurance company, from Norwich Management Company of Norwich, England.

This could be great news for the company and its investors! Michael Merservy, Chairman and CEO of Wisdom noted, "We are pleased that Norwich has expressed the continued confidence in our management and business plan, electing to take stock as consideration for the final piece of their holdings."

Norwich Management Company is an international insurance broker and consultant, headquartered in the UK. Norwich has represented a diverse client base and is active in all aspect of risk management, underwriting and marketing.

Investors watch this one! It was just this week that the company issued a press release announcing that it recently began trading on the OTC market!

The stock closed yesterday just under twenty-five cents a share.

In case you are not familiar with the company: Wisdom International Corporation is a diversified holding company. Wisdom's reinsurance activities are conducted through its subsidiary, International Reinsurance Company, Ltd., with offices in Nevis, West Indies, Norwich, England and Dallas, Texas. Wisdom's other business activities are conducted through non-insurance subsidiaries, which include two mining companies, a real estate development company, a livestock company and trucking company.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Alloy, Inc. (Nasdaq:ALOY) up 8.6% on 2 million shares traded, Corning Incorporated (NYSE:GLW) up 2.5% on 13.4 million shares traded and Insight Enterprises, Inc. (Nasdaq:NSIT) up 10.4% on 5.5 million shares traded.

Commentary:

"Cold weather throughout the country sparked concerns regarding fuel oil spikes, as OPEC announced last week that they will cut production by 1 million barrels per day starting in January; their next meeting is scheduled in Vienna on January 30, 2005. At last check, heating oil was up 2.9 percent for January delivery versus last year," 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. WSCF has been compensated twelve thousand dollars for coverage of Wisdom International Corporation (Pink Sheets:WSDM), by a third party (Alex Consulting Inc.), 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 holds no shares of the stock. WSCF may receive shares for extension of its services. Any 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. Sonja Rudd does not accept stock as compensation from any of the companies mentioned in this release.

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