SOURCE: Wall Street News Alert

March 09, 2005 08:17 ET

Breaking Market News! March 9, 2005

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

WESTON, FL -- (MARKET WIRE) -- March 9, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: NetMusic Entertainment Corporation (OTC: NTMT), Quanex Corporation (NYSE: NX), JDS Uniphase Corporation (NASDAQ: JDSU) and Northrop Grumman Corporation (NYSE: NOC).

Aggressive investors and traders will once again be watching NetMusic Entertainment Corporation (OTC: NTMT)! Yesterday after the markets closed, the company issued a press release announcing that it is gaining national exposure in USA Today newspapers with the premiere of "Dead Girl," starring Val Kilmer.

This could be huge news for investors! In an item on the front page of the Life section, the paper, which boasts a daily circulation of over 2,000,000, mentions NetMusic's www.netmusic.com website as the location of the previously shelved film's premiere.

"The national attention that NetMusic is receiving from the 'Dead Girl' premiere confirms that we are building something truly revolutionary," said NetMusic Chairman and CEO Glen Starchman. He added, "Helping consumers find new and previously unavailable entertainment is what NetMusic is all about. The desire for this kind of service has been around forever, and NetMusic answers that call."

As previously announced, NetMusic is developing several strategic relationships to further its entry into Video-On-Demand. The company has announced content development and distribution partnerships with Zamek Worldwide and KlikVU, Inc. NetMusic is aggressively pursuing a number of other content acquisition avenues.

Keep your eyes open for future developments! Recently the company announced a deal with a third party, that when completed, will allow NetMusic.com to become the largest DMS catalogue on the planet, besting iTunes and the rest combined, by allowing it access to all of the digital music archives of: EMI, Sony BMG, Universal Music Group and Warner Music Group.

"Dead Girl," starring Val Kilmer, Anne Parillaud, Adam Coleman Howard, and Amanda Plummer, featuring Famke Jensen and Teri Hatcher, and written and produced by Philippe Caland, premieres March 16th, 2005, at 6 PM EST and runs until March 17th, 2005, at 6 PM EST. The film will demonstrate NetMusic's ability to bring to the public, entertainment that traditional distribution models have made unavailable. Consumers will be able to participate by viewing the film exclusively through NetMusic.com.

For more in-depth coverage of NetMusic, visit http://www.backissuesofnewsalerts.us/NTMT0308.html

The stock closed yesterday at Fifty cents a share.

In case you are not familiar with the companies: Based in Edmonds, Washington, NetMusic Entertainment is a global digital media company focused on providing consumers entertainment on their own terms: any time, anywhere. The company offers digital music downloads, digital jukeboxes, video-on-demand and online video rental services across the globe. NetMusic also offers the largest online collection of independent music in the world -- a licensed catalog of over one million tracks, incorporating 4,000-plus labels.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Quanex Corporation (NYSE: NX) up 2.9% on 1 million shares traded, JDS Uniphase Corporation (NASDAQ: JDSU) up 2% on 45.8 million shares traded and Northrop Grumman Corporation (NYSE: NOC) up 1.6% on 2.2 million shares traded.

Commentary:

"Good news if you are in college or planning to enter soon. The baby-boom generation will start retiring in great numbers in the next 6 years. This means, according to experts, that plenty of jobs will be available as one of the largest demographics, estimated at 66 million, begins hitting the golf course instead of the corporate grind. Job opportunities will be seen across the grid, and many professionals, like schoolteachers, will be scrambling for recruits," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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