SOURCE: Wall Street News Alert

Wall Street News Alert

June 22, 2007 09:08 ET

Wall Street News Alert: Hot Stock Alert Issued on AFHD! June 22, 2007

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

WESTON, FL--(Marketwire - June 22, 2007) - Wall Street News Alert's "stocks to watch" this morning are: American Food Holdings, Inc. (PINKSHEETS: AFHD), Bristol-Myers Squibb Company (NYSE: BMY), Cal-Maine Foods, Inc. (NASDAQ: CALM) and Del Monte Foods Company (NYSE: DLM).

Wall Street News Alert is continuing its coverage of American Food Holdings, Inc. (PINKSHEETS: AFHD). After the company, which manufactures and markets beef jerky and other snack foods, issued a press release Wednesday announcing that it will open its 5th company-owned BEEF JERKY OUTLET™ store on September 1, 2007, the company issued another press release Thursday after the markets closed announcing that it celebrates 6 decades of fine quality meat production, and provides insight into the company's history.

American Foods traces its roots to 1945, when Chuck Reinhold's grandfather opened Reinhold & Sons meat market in Detroit.

Watch this company, as it has issued some positive news over the past few weeks, and since it began trading on May 29th, 2007. AFHD just recently announced it will open its 4th company-owned outlet store on July 4, 2007. Furthermore, the company was recently rated a "Speculative Buy," with a target price of $.40, by Beacon Equity Research AND the company's president was featured on the MacReport.Net, a leading provider of online business and financial information.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of American Food Holdings! American Food Holdings, Inc. manufactures and markets beef jerky and other snack foods under the Reinhold & Timko® Beef Snacks brand name and supplies products to more than 300 distributors across the U.S. Reinhold and Timko® management has a combined 210 years of experience in the production of fine quality beef and meat snacks. In 1997, Reinhold & Timko® built a state-of-the-art 20,000 sq. ft. USDA-inspected facility capable of producing millions of pounds of snacks a year.

The meat snacks industry is poised for good growth over the next five years. Industry sales grew from $ 1.3 billion in 1999 to $ 2.4 billion in 2003 and reached $ 3.2 billion in 2006, a 13.7% growth rate. Despite this growth, market penetration is low; only 39% of U.S. household buy meat snacks. This suggests favorable opportunities for additional sales, which are forecast to rise to $ 4.2 billion in 2009, 31% higher than 2006 sales. Consumer interest in a low carbohydrates diet is supporting industry growth, as is increased interest in consuming beef products*.

Prior to the latest press release, the stock closed at around Two cents a share.

* Source: Beacon Equity Research Report

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Bristol-Myers Squibb Company (NYSE: BMY) up 2.5% on 16.1 million shares traded. BMS -- an international pharmaceutical company headquartered in New York, N.Y -- participates in the sale and marketing of Plavix in the United States through the Bristol-Myers Squibb Sanofi Pharmaceuticals Holding Partnership. In 2006, the Bristol-Myers Squibb Sanofi Pharmaceuticals Holding Partnership sold more than $3.5 billion of Plavix in the United States.

Cal-Maine Foods, Inc. (NASDAQ: CALM) down 1.8% on 262,000 shares traded. Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packing and sale of fresh shell eggs. The Company, which is headquartered in Jackson, Mississippi, currently is the largest producer and distributor of fresh shell eggs in the United States and sells the majority of its shell eggs in approximately 29 states across the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States.

Del Monte Foods Company (NYSE: DLM) down 1.7% on 1.1 million shares traded. Del Monte Foods is one of the country's largest and most well known producers, distributors and marketers of premium quality, branded food and pet products for the U.S. retail market, generating approximately $3.4 billion in net sales in fiscal 2007. With a powerful portfolio of brands including Del Monte®, StarKist®, S&W®, Contadina®, College Inn®, Meow Mix®, Kibbles 'n Bits®, 9Lives®, Milk-Bone®, Pup-Peroni®, Meaty Bone®, Snausages® and Pounce®, Del Monte products are found in nine out of ten American households.

Market Commentary:

"Jobless claims rose by 10,000 to 324,000 last week in new data released by the Labor Department, the highest since April. More trouble from the subprime and hybrid mortgage sector as CNNMoney reported that more than $1 trillion of ARMs will be resetting rates in 2007, with the 30-year rate up to 6.69%, which is not good news for those wanting or having to refinance. Experts say the bottom of the housing market is still not over; looking into the abyss "there is no daylight to be found at this time," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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