SOURCE: Wall Street News Alert

September 29, 2005 08:37 ET

Wall Street News Alert: U.S. Hot Stock Highlights! September 29, 2005

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

WESTON, FL -- (MARKET WIRE) -- September 29, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Universal Media Holdings, Inc. (OTC: UMDH), Lucent Technologies (NYSE: LU), Apple Computers, (NASDAQ: AAPL) and Pfizer (NYSE: PFE).

Universal Media Holdings, Inc. (OTC: UMDH) should be hitting the radar screens of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that it has entered into a joint venture agreement with Lulla Beds LLC.

News of the joint venture may be good news for investors, as the terms of the agreement state that Universal Media Holdings, Inc. will acquire an equity interest in Lulla Beds LLC, in addition to retaining a revenue share of product sales on all television media related transactions! According to the press release, the total value of the agreement is $350,000.00, with 40% allocated to production and 60% to media distribution.

In return, Universal Media Holdings, Inc. will produce a 30-minute infomercial, a 2-minute Direct Response (DR) spot, a 60-second DR spot and a 30-second DR spot for Lulla Beds, LLC. The spots will be distributed nationwide through Turner Media and other national networks.

Investors should continue to monitor the progress of Universal Media for further developments! Andrew Cambron, CEO of UMDH expressed his belief that the joint venture with Lulla Beds will be mutually beneficial to both organizations and a significant profit center for UMDH.

Lulla Beds has developed a unique and proprietary line of children's bedding and other child-related sleep and educational products. The company holds several US and International patents and will begin US distribution this fall.

For updated in-depth coverage and a company profile of Universal Media Holdings, visit http://www.backissuesofnewsalerts.us/UMDH0928.html

Prior to the press release, the stock closed yesterday at under a Penny a share.

In case you are not familiar with the company: Universal Broadcast Network, Inc.'s principal business is the construction, development, management, and operation of a low-power television (LPTV) broadcast network. UBN has secured its network distribution potential through the acquisition of FCC governed LPTV licenses and construction permits. Exclusive permits issued by the government allow UBN to construct a broadcast television network. UBN's current programming affiliation opportunities include The Men's Channel, Healthy Living, Beauty & Fashion, I-Shop Home Shopping, and Alma Television.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Lucent Technologies (NYSE: LU) up 5.4% on 96.7 million shares traded, Apple Computers, (NASDAQ: AAPL) down 4.4% on 40.1 million shares traded and Pfizer (NYSE: PFE) up 0.2% on 27 million shares traded.

Commentary:

"In economic news, the manufacturing index on durable goods, those products lasting 3 years or more like refrigerators, washing machines, hurricane generators, saw a jump of 3.3% for August, the fourth month in a row of hikes and the highest jump in the index since May," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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