SOURCE: Wall Street News Alert

July 27, 2005 09:52 ET

Wall Street News Alert: Small Public Company Looks to Expand Into Outdoor Advertising Market!

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

WESTON, FL -- (MARKET WIRE) -- July 27, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Enjoy Media Holdings Limited (OTC: EJYM), Netflix (NASDAQ: NFLX), eBay (NASDAQ: EBAY) and IVAX Corp. (AMEX: IVX).

Enjoy Media Holdings Limited (OTC: EJYM) should be appearing on the radar screen of aggressive investors and day traders! Yesterday, the company has issued a press release announcing that it has entered into a definitive agreement to acquire 60% of the outdoor display advertising business of Guangzhou Tianhua Advertising Limited, a company based in Guangzhou, China.

News of the acquisition could be welcomed by investors, as the company enters the outdoor advertising market! Tianhua manages outdoor advertising displays located at the Guangzhou train station, where the daily average commuters is over 150,000 and over 300,000 during holidays. It has secured a significant portion of the train station's outdoor advertising displays through 2009.

Watch this company! The acquisition will further develop Enjoy Media's "Wait Media" focus that provides advertisements to waiting train commuters.

Investors should continue to monitor the progress of Enjoy Media for further developments! Earlier this month, the company announced that it was entering the TV advertising market through the acquisition of Faxian Media Limited; a television program production and advertising services company based in Guangzhou, China, which is a leading producer of creative and popular programming for local television stations.

For updated in-depth coverage and a company profile of Enjoy Media, visit http://www.backissuesofnewsalerts.us/EJYM0726.html

The stock closed yesterday at Forty-One cents a share.

In case you are not familiar with the company: Enjoy Media Holdings Limited (trading in the US on the OTC as EJYM) is an innovative media and advertising company based in Guangzhou, China. Its advertising targets the young urban and white-collar audience. Enjoy Media supplies paper placemat, napkins and other displays that display advertisements, free of charges, to a network of over 1,200 cafes and restaurants in the cities of Guangzhou, Shanghai, Beijing and Shenzhen in China. Its advertising clients include: China Telecom, China Mobile, China Unicom, Wrigley, Siemens, Samsung, Dell, and numerous other consumer brands as well as real estate development companies. Enjoy Media expects to grow its network of restaurants and cafes to more than 4,000 in the next 3 years.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Netflix (NASDAQ: NFLX) up 12% on 11.8 million shares traded, eBay (NASDAQ: EBAY) down 1.1% on 19.3 million shares traded and IVAX Corp. (AMEX: IVX) up 1.3% on 28.6 million shares traded.

Commentary:

"The major indexes moved in and out of positive territory as investors tracked crude oil futures, which were up 25 cents at $59.25 a barrel in late-afternoon trading on the New York Mercantile Exchange," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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