SOURCE: Wall Street News Alert

Wall Street News Alert

May 17, 2007 08:33 ET

Wall Street News Alert: Investment Watch: ILVL! May 17, 2007

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

WESTON, FL--(Marketwire - May 17, 2007) - Wall Street News Alert's "stocks to watch" this morning are: i-level Media Group Inc. (OTCBB: ILVL), Bausch & Lomb (NYSE: BOL), News Corporation (NYSE: NWS) and Procter & Gamble Company (NYSE: PG).

i-level Media Group Inc. (OTCBB: ILVL) just issued another press release to excite investors. Wednesday after the stock markets closed, the company announced that Market Advisors Inc. is initiating coverage of i-level Media Group with an intermediate term price objective of $2.60 per share.

This is great news! Some highlights of the report include:

--  The company owns and operates the i-level Mobile Media Network, one of
    the largest digital in-taxi advertising networks in existence today. The
    company currently has more than 2,000 Shanghai taxis equipped with LCD
    screens and the rights to 7,000 taxis that will generate approximately 8
    million unique viewer impressions every month for advertisers.
--  Out-of-home advertising -- enhanced digital billboard technology,
    creative use of other venues, and an attractive price structure -- will
    lead the way in the Asia/Pacific market, totaling $5.6 billion in 2009 and
    at a Compound Annual Growth Rate (CAGR) of 4%.
--  A Strong, Experienced Management Team With a Proven Track Record for
    Building Shareholder Value in the Digital Media Market.
--  Successful Execution of Its Distribution Deal With Shanghai's
    Premier Taxi Operator, Jin Jiang Transport.
--  A Large, Contagious Digital Footprint in China and a Focused
    Regional Strategy.
--  A Strong Funding Position.
For the complete report, visit the profile link below.

Beacon Equity Research recently rated i-level Media a "speculative buy" with a target price of to $2.40. According to the press release, after a successful trial test of the technology, ILVL signed a 6-year exclusive access agreement with Jin Jiang Transportation, Shanghai's premier taxi operator that has over 7,000 standard and luxury cars and the largest vehicle fleet in Shanghai.

ILVL stock closed Wednesday at $1.10 a share.

For Wall Street News Alert's in-depth profile of i-level Media, visit

i-level Media Group Inc. is an emerging media company delivering powerful digital media solutions for out-of-home advertising in China. The company owns and operates one of the largest digital in-taxi advertising networks in existence and also licenses its technology and expertise to third parties seeking mobile digital media solutions. i-level's proprietary technological platform, consisting of high-quality LCD displays mounted inside the passenger compartments of taxis, provides a consistent, reliable and high-impact channel for reaching consumers on the go. Through exclusive distribution agreements with China's leading taxi operators, i-level puts advertisers' messages in front of a highly sought-after audience, in a captive and intimate setting.

Market Advisors was incorporated in 1983 and has provided stock market research for their clients since 1985. Company officials provide research and independent analysis of individual stocks as well as a mutual fund management service which is based on their top-rated timing advice, and previously was a member of the Winner's Circle™, an elite group of market analysts providing daily market comments and analysis. Throughout our history, the firm has also served as an advisor to brokerage firms and investment bankers. We work alongside investor relations, investment banking and other financial professionals in helping provide and in-depth analysis of a company's business, financials, management, business plan, business strategy and an intermediate-term stock price.

Bausch & Lomb (NYSE: BOL) up 9.7% on 17.9 million shares traded. Bausch & Lomb is the eye health company, dedicated to perfecting vision and enhancing life for consumers around the world. Its core businesses include soft and rigid gas permeable contact lenses and lens care products, and ophthalmic surgical and pharmaceutical products. The Bausch & Lomb name is one of the best known and most respected healthcare brands in the world.

News Corporation (NYSE: NWS) down 0.3% on 5.4 million shares traded. News Corporation is a diversified entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers; book publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and the Pacific Basin.

Procter & Gamble Company (NYSE: PG) up 2% on 15.7 million shares traded. Three billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers®, Tide®, Ariel®, Always®, Whisper®, Pantene®, Mach3®, Bounty®, Dawn®, Pringles®, Folgers®, Charmin®, Downy®, Lenor®, Iams®, Crest®, Oral-B®, Actonel®, Duracell®, Olay®, Head & Shoulders®, Wella®, Gillette®, and Braun®. The P&G community consists of over 135,000 employees working in over 80 countries worldwide.

Market Commentary:

"The Commerce Department reported Wednesday that construction of new homes and apartments rose by 2.5 percent in April compared to March to a seasonally adjusted annual rate of 1.528 million units," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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