SOURCE: Wall Street News Alert

March 28, 2006 08:38 ET

Wall Street News Alert: Small Public Company to Cash in on Hot Designer Jean Market! March 28, 2006

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

WESTON, FL -- (MARKET WIRE) -- March 28, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Lyric Jeans, Inc, (OTC: LYJN), Lucent Technologies (NYSE: LU), Microsoft Corp. (NASDAQ: MSFT) and Apple Computer Incorporated (NASDAQ: AAPL).

Lyric Jeans, Inc, (OTC: LYJN) may be a target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that the acquisition of the company by Universal Media Holdings, Inc. has been completed. In relation to the acquisition the company has changed its name to Lyric Jeans, Inc. and is now trading under the symbol LYJN.

News of completed acquisition should get the attention of investors! Over the last few years the premium denim industry has exploded and now accounts for 5% of the $12 Billion retail consumer market. From 1999-2004 the segment experienced 100% growth from $600 million to $1.1Billion. Marshal Cohen, chief industry analyst for the NPD Group (a market research firm) notes that "consumers are buying expensive denim and a lot of pairs." The premium denim market has grown in the last five years by tapping into fanatical behavior of teens and young women seeking that perfect pair of jeans. "Premium denim is at an all-time high,'' says Cohen, "not only in prices but in the number of brands trying to sell the product.''

Continue to watch this company! Lyric Jeans is the innovator and manufacturer of premium denim wear characterized by a cutting-edge design strategy that is inspired by music and song lyrics. Through this unique fusion of fashion and music, the company utilizes titles from all genres of music as inspiration for the brand, thereby appealing to a cross-section of various tastes and interests and enabling it to market its products on a worldwide platform.

Investors should continue to monitor the progress of Lyric Jeans! "We are in a unique position to do something first in the market by bringing together music and fashion in a really groundbreaking way," said Hanna Rochelle Schmieder, President of Lyric Jeans. "Lyric Jeans aren't just a 'must have' item, they are a lifestyle and a way for people to express themselves stylishly through their favorite songs," she continued.

The company's strength is in its relationships with the music industry and its ability to access the Hollywood community, tastemakers and trend-setters. Through innovative marketing, the company intends to associate celebrities with its brand. Lyric Jeans will have showrooms in South Beach, Florida and Los Angeles, California.

Prior to the latest press release, the stock closed yesterday at Sixty cents a share.

For an in-depth profile of Lyric Jeans, Inc, visit

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Lucent Technologies (NYSE: LU) up 0.6% on 187.3 million shares traded. Lucent Technologies designs and delivers the systems, services and software that drive next-generation communications networks.

Microsoft Corp. (NASDAQ: MSFT) even on 59.9 million shares traded. Microsoft is the one of the leaders in software, services and solutions that help people and businesses realize their full potential.

Apple Computer Inc. (NASDAQ: AAPL) down 0.7% on 39.6 million shares traded. Apple is an award-winning desktop and notebook computer manufacturer. Apple is also spearheading the digital music revolution with its iPod portable music players and iTunes online music store.


"New Federal Reserve Chairman Ben Bernanke presides over his first FOMC meeting this week. Most economists expect the Fed to raise interest rates by .25 points to 4.75%. If so that would be the 15th time since June of 2004 making the average yield on money-market funds topping 4%, the first this has happened since May 2001," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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