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Wall Street News Alert: Stocks to Watch!


Wall Street News Alert: Stocks to Watch!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- 07/29/03 -- Street News Alert's "stocks to watch" this morning are: ZKid Network (OTC BB: ZKID), Elgrande.com Inc. (OTC BB: EGND), OXiGENE Inc. (NASDAQ: OXGN) and Tellium Inc. (NASDAQ: TELM).

Investors will be watching for activity in ZKid Network Company (OTC BB: ZKID) this morning! Late yesterday afternoon, the company announced that it has submitted a proposal to The US Department of Education, in an effort to obtain up to $700,000 in Federal funding. ZKid Network Company is a proprietary software company dedicated to providing a totally safe environment for children. ZKid's software provides safe internet, e-mail, and chatroom capabilities as well as fully animated original education and entertainment content featuring McGruff the Crime Dog for children ages 4-10. Subscribers can participate in a Virtual Private Network (VPN) specifically designed to provide a totally safe internet environment for children. Put ZKID on your investment screen!

Other stocks of interest yesterday were: Elgrande.com Inc. (OTC BB: EGND) up 62% to .047 on 1.5 million shares traded, OXiGENE Inc. (NASDAQ: OXGN) up 53% to $12.35 on 19.4 million shares traded and Tellium Inc. (NASDAQ: TELM) up 30% to $1.18 on 17.6 million shares traded.

Commentary

"Many investors have put money into the bond markets the last 2 years, reportedly billions and billions, but bonds have been in a sell-off lately. Investors can now buy newly issued bonds with a higher yield, so existing bonds have seen their prices drop. One result, many mutual fund bond fund prices have dropped the last 30 days. The problem for bonds is also seen in the mortgage markets, with rates slowly going higher due to the higher prices of the bonds. Treasuries have gone for the 10 year yield from 3.1% on June 13 to 4.2% last Friday," Stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: www.WallStreetNewsAlert.com .

WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity and gains in their securities. The Wall Street News Alert home page has experienced over 6.1 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at www.wallstreetnewsalert.com and select the "join now" button.

Verify all claims and do your own due diligence. Wall Street News Alert is a division of Wall Street Capital Funding (WSCF). WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. WSCF is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. The companies that are discussed in this opinion have not approved the statements made in this opinion. This release may contain statements that constitute forward-lookingstatements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. This profile is not without bias, and is a paid advertisement. WSCF is not liable for any investment decisions by its readers or subscribers. 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. The information contained in WSCF profiles is provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks. WSCF has been compensated on behalf of one or more of the companies mentioned in this opinion. (WSNA has been compensated Eight Hundred Thousand shares of ZKid Network Company (OTC BB: ZKID), by a third party (Alex Consulting Inc), who is non-affiliated, for services provided including this advertisement.) WSCF may immediately sell its shares. WSCF will not advise as to when others should sell; each investor must make that decision. Market commentary provided by Sonja Rudd, CRD number 2683330.

Contact: Roy Campbell, Wall Street News Alert Phone: 954-349-5813 Email: Roy@wallstreetnewsalert.com

Provider ID: 02055890

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