SOURCE: Wall Street News Alert

Wall Street News Alert

April 30, 2008 09:45 ET

Wall Street News Alert: Aggressive Stock Alert: CPYE! April 30, 2008

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

WESTON, FL--(Marketwire - April 30, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Conspiracy Entertainment Holdings Inc. (OTCBB: CPYE), International Business Machines Corporation (NYSE: IBM), Take-Two Interactive Software, Inc. (NASDAQ: TTWO) and Clear Channel Communications (NYSE: CCU).

Having recently reported that revenues increased 994% to $8.8 Million for the year ended December 31, 2007, Conspiracy Entertainment Holdings Inc. (OTCBB: CPYE) should have the attention of investors looking to possibly benefit from the explosive video game industry. Yesterday after the markets closed, the company, a developer, publisher and marketer of interactive entertainment software in North America and Western Europe, issued a press release announcing that it has entered into a development agreement with Blast! Entertainment Ltd. to launch a 3D adventure game based on the much-loved cartoon cat -- Garfield. "Garfield: Lasagna World Tour" is expected to launch in the second quarter of 2008!

This is good news for the company, and its investors, which also reported last week that it has entered into a development agreement with Neko Entertainment to create the widely popular Cocoto Kart Racer arcade racing game for the Nintendo Wii™ platform. This title is slated for release in the second quarter of 2008.

Keith Tanaka, CFO of Conspiracy Entertainment, said, "Garfield is a tremendously popular character, and we expect the game will find interest with his fans. The 'Garfield: Lasagna World Tour' video game is being developed alongside seasoned children's video game developer Blast! and we are thrilled to benefit from Blast's expertise."

In other important news, the company also recently reported on April 16th, 2008 its audited revenues for the year ended December 31, 2007. According to the release, revenues increased ten-fold to $8,791,131 for the year 2007 compared to total revenues of $803,493 for the year 2006. For the fourth quarter of 2007, Conspiracy reported revenues of $6,271,801, representing an increase of $6.1 million from revenues of $171,000 reported in the fourth quarter of 2006 and 269% higher than $1,700,00 reported for the third quarter of 2007. Detailed financial results are available on the Company's Form 10-KSB filed at http://www.sec.gov.

The stock closed Tuesday at over Nine cents a share.

In case you are not familiar with the company: Conspiracy Entertainment Corporation is a developer, publisher and marketer of entertainment software in North America and Western Europe. The Company develops and licenses properties from several sources, including global entertainment and media companies and publishes software for DVD media, wireless devices, personal computers and videogame consoles, including those manufactured by Nintendo, Sony Computer Entertainment, and Microsoft Corporation. Conspiracy Entertainment was founded in 1997 and is based in Santa Monica, CA.

International Business Machines Corporation (NYSE: IBM) up 0.9% on 7.2 million shares traded.

IBM helped pioneer information technology over the years, and it stands today at the forefront of a worldwide industry that is revolutionizing the way in which enterprises, organizations and people operate and thrive.

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) up 0.6% on 1.4 million shares traded.

Take-Two Interactive Software, Inc. is a global developer, marketer, distributor and publisher of interactive entertainment software games for the PC, PLAYSTATION®3 and PlayStation®2 computer entertainment systems, PSP® (PlayStation®Portable) system, Xbox 360® and Xbox® video game and entertainment systems from Microsoft, Wii™, Nintendo GameCube™, Nintendo DS™ and Game Boy® Advance.

Clear Channel Communications, Inc. (NYSE: CCU) down 0.3% on 3.7 million shares traded.

Clear Channel Communications, headquartered in San Antonio, Texas, is a global leader in the out-of-home advertising industry with radio stations and outdoor displays in various countries around the world.

Market Commentary:

"More bad news for the housing industry, as RealtyTrac stated that nationwide, 649,917 homes received at least one foreclosure-related filing in the first three months of the year, up 112 percent from 306,722 during the same period last year. Furthermore the Standard & Poor's/Case-Shiller home price index of 20 cities fell by 12.7 percent in February versus last year, the largest decline since its inception in 2001," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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