SOURCE: Wall Street News Alert

January 30, 2006 08:38 ET

Wall Street News Alert: Hot Stocks to Watch! January 30, 2006

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

WESTON, FL -- (MARKET WIRE) -- January 30, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Graystone Park Enterprises, Inc. (OTC: GPKE), SIRIUS Satellite Radio (NASDAQ: SIRI), Broadcom Corp. (NASDAQ: BRCM) and Time Warner (NYSE: TWX).

Once again, Graystone Park Enterprises, Inc. (OTC: GPKE) may be a target of aggressive investors and day traders this morning! Friday after the stock markets closed, the company's wholly owned subsidiary, IC Places, Inc., issued a press release announcing that it has signed a Letter of Intent to acquire GardenGrocer.com, of Orlando, Florida.

News of the intended acquisition should get the attention of investors! GardenGrocer.com is an online grocery store. The website offers visitors access to all of their grocery shopping needs without leaving home! Through its website www.GardenGrocer.com, the company offers all of the name brands people use every day, including fresh meats, seafood, canned and packaged goods plus farm-fresh fruits and vegetables all available for delivery to the customer's doorstep!

GardenGrocer.com currently delivers in Florida's Lake, Orange and Seminole Counties. This includes Walt Disney World, Universal Studios Hotels, the cities of Kissimmee and the Disney built city of Celebration.

Continue to watch this company! Upon acquisition, IC Places will begin adding the GardenGrocer.com service to its 400 city-based websites (www.icPlaces.com), one market at a time. The GardenGrocer.com services will be integrated into IC Places' core offering as well as be directed to and from the IC Places websites.

"There is a great deal of synergy between our two companies," said Steven Samblis, Chairman of IC Places, Inc. He went on to say, "The growing holiday trend has become Vacation Homes. When booking a family into a 3-bedroom Vacation Home with a full kitchen, one of the 1st questions asked is 'Where is the closest grocery store?' Now, with GardenGrocer.com, we can deliver all the family's needs the morning they arrive."

Brian Coleman, founder of GardenGrocer.com, said, "We see the merger as an incredible opportunity for both companies as well as for the consumer. For the family, the service saves time and money, for IC Places it allows us them offer better service and tap into an additional revenue stream not previously available and for GradenGrocer.com, it offers us unlimited access to an entirely new group of clientele."

Investors should continue to monitor the progress of Graystone Park Enterprises! Last week, the company announced that IC Places, Inc. had hit its first profitable quarter ended December 2005 and had also reached personnel and technological milestones.

Prior to the latest press release, the stock closed Friday at Eight cents a share.

For an in-depth profile of Graystone Park Enterprises, visit http://www.thenewssvc.com/GPKE012906.html

In case you are not familiar with the companies: was founded to assist the small-business entrepreneur in growing his company and reducing the pitfalls that normally stall a start-up company. Graystone plans on acquiring healthy fledgling companies in need of assistance to dramatically increase its market share. GPKE projects to acquire an additional 6-10 companies in 2006. Graystone will maintain a percentage of each subsidiary company. According to the company, with Graystone's projected aggressive growth in revenues and asset ownership, it is expecting to reach AMEX qualifications. GPKE has the knowledge and expertise to take many growth companies to the next level. In doing so, it is able to capitalize on various markets to maximize return on its investment. The GPKE dividend distribution plan puts an emphasis on bolstering shareholder value.

IC Places owns and operates a network of city-based websites that are used by both travelers and local individuals. The sites offer 77,000 hotels, 12,700 restaurants, 6,000 Golf Courses, Discount event tickets, Discount Car Rentals, Discount Airfare, Attraction tickets and much more.

IC Places has created four distinct demographic groups of sites. The main group, www.icplaces.com (the namesake of the company), includes 400 city-based sites targeting the 35-54 age group. The premier site is www.icOrlando.com, covering Orlando, Florida, and the Disney area. The three following groups of sites are planned to be launched in mid-2006 and will cover college kids, retired travelers and the people just graduating college and experiencing life for the first time. Upon full launch, the IC Places network will own and operate over 900 international websites.

Stocks showing interesting activity Friday at the close of the regular trading day were: SIRIUS Satellite Radio (NASDAQ: SIRI) up 0.8% on 47.5 million shares traded, Broadcom Corp. (NASDAQ: BRCM) up 18.9% on 43.4 million shares traded and Time Warner (NYSE: TWX) up 1% on 22.1 million shares traded.

Commentary:

"Gross domestic product, which measures the value of all goods and services produced within the U.S., came in at an annual rate of just 1.1 percent from October through December. That marked a slow down compared with the third's quarter's brisk 4.1 percent pace, the Commerce Department reported Friday," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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