Wall Street News Alert -- U.S. Hot Stock Highlights -- June 8 WESTON, Fla., June 8, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Stream Communications Network Inc. (OTCBB:STNYF), Lakes Entertainment Inc. (Nasdaq:LACO), Celadon Group Inc. (Nasdaq:CLDN) and RC2 Corporation (Nasdaq:RCRC). Aggressive investors and traders may have their eyes on Stream Communications Network Inc. (OTCBB:STNYF) this morning. Yesterday after the markets closed, the company issued a press release announcing it has signed Letters of Intent to purchase two cable TV networks with 8,000 subscribers and two Internet networks with 2,200 subscribers in Silesia, Poland! This may be good news to investors! These acquisitions, once completed, will bring the company's subscriber base to almost 60,000 cable TV and Internet subscribers combined, which represents a 50% growth rate of the company since the beginning of this year. Keep this company on your investment radar screen! "Our strategy to grow by acquisitions is proving to be very effective in this dynamic cable TV market in Poland. The networks which we are currently pursuing are located in the most densely populated area in Poland and have significant potential for additional expansion, strengthening our position in this region," said Stan Lis, President of Stream. The stock closed yesterday at eighty cents a share. In case you are not familiar with the company: Stream is a broadband cable company and offers CATV and high-speed Internet services in the densely populated markets of Southern Poland (11.5 million inhabitants and 3.2 million TV homes). Stream is one of the principal consolidators of the cable TV sector in that region and intends to become a leading CATV operator and Internet provider in Southern Poland and beyond. Established in 1995, Stream has offices in Vancouver and Krakow. Stocks showing interesting activity yesterday were: Lakes Entertainment Inc. (Nasdaq:LACO) up 14.5% on 2 million shares traded, Celadon Group Inc. (Nasdaq:CLDN) up 15.6% on 855,000 shares traded and RC2 Corporation (Nasdaq:RCRC) up 11.7% on 818,700 shares traded. Commentary: "Friday will see the international trade report for April. The trade gap, imports vs. exports, rose sharply to a record $45.96 billion in March," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://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. The Wall Street News Alert home page has experienced over 18 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button. -- Wall Street News Alert is not affiliated with faxes bearing the names Wall Street Stock Alert or Wall Street News Alert! -- 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 fifteen thousand dollars, for coverage of Stream Communications Network Inc. (OTCBB:STNYF), by the company, 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. 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"Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements. CONTACT: Wall Street News Alert email: firstname.lastname@example.org URL: http://www.wallstreetnewsalert.com Provider ID: 00058780 -0- Jun/08/2004 13:05 GMT
Wall Street News Alert -- U.S. Hot Stock Highlights -- June 8
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