Wall Street News Alert: Hot Stocks to Watch March 30, 2005


WESTON, Fla., March 30, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Wysak Petroleum (Pink Sheets:WYSK), NCR Corporation (NYSE:NCR), United States Steel Corp. (NYSE:X) and eBay Inc. (NASDAQ:EBAY).

Aggressive investors and day traders may be excited about Wysak Petroleum (Pink Sheets:WYSK) this morning! Yesterday after the markets closed, the company issued a press release announcing the signing of a Letter of Intent with the European Commission Baltic Renewable Energy Centre (EC BREC) to assist Wysak Petroleum in the development of the Wysak Wind Power Project.

This could be good news for investors! EC BREC and Wysak have signed a LOI in respect to the development of a full size Commercial Wind Power Project in Europe. This letter states that EC BREC will support Wysak in matters such as financial structuring and investment, regulatory issues, government policies, negotiations, wind technologies, and other aspects relating to Wind Power.

Investors continue to watch this company's progress! According to the company's press release, The Wysak Wind Project development will be up to a maximum 90Mw in size and cost upwards of $US 120 million in development expenditures. Once completed, this Wind Park will supply upwards of 170,000 Mw of electricity annually for Poland and the European Community. This is enough green energy to supply upwards of 25,000 homes with electricity and offset nearly 170,000 tones of Greenhouse gases. Total gross electric sales over a 20 year period are estimated at over $ 450 million for a project this size.

For more in-depth coverage of Wysak Petroleum, visit http://www.1sourcealert.com/WYSK0329.html

Prior to the press release, the stock closed yesterday at around thirty-nine cents a share.

In case you are not familiar with the company: Wysak is a diversified energy company whose goal is to identify and develop traditional fossil fuel sites, as well as clean air alternative energy producing technologies. Wysak controls one Wyoming Federal oil & gas lease in the Bighorn Basin region and another in the Green River Basin. Its two Wyoming State leases are located 45 miles apart within the massive CoalBed Methane play area of the Powder River Basin. Numerous large petroleum and exploration firms operate nearby all these properties; they include ExxonMobile, Williams Gas and Western Gas among others. Collectively over 26,000 wells produced 54.7 million barrels of oil and 1.75 trillion cubic feet of natural gas in Wyoming.

Stocks showing interesting activity yesterday at the close of the regular trading day were: NCR Corporation (NYSE:NCR) down 17.1% on 23.2 million shares traded, United States Steel Corp. (NYSE:X) down 4.1% on 9.1 million shares traded and eBay Inc. (NASDAQ:EBAY) up 0.5% on 16.5 million shares traded.

Commentary:

"Bonds are giving a mixed result from Monday's auction. The three-month was at 2.78 down 2.8 from last week, the six-month rate was at 3.09 up from 3.035 the previous week," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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