MIAMI, April 19, 2005 (PRIMEZONE) -- Stock Market Alert's watch list includes: Universal Broadcast Network, Inc. (Pink Sheets:UMDH), eBay Inc. (Nasdaq:EBAY), Qualcomm, Inc. (Nasdaq:QCOM) and General Electric Company (NYSE:GE).
Universal Broadcast Network, Inc. (Pink Sheets:UMDH) should have investors' full attention. Late yesterday afternoon, the company announced filming has begun for a specialized 30-minute infomercial highlighting the KidzMed children's product line.
The press release stated that the infomercial is titled "Modern Parenting TV, Smart medicine for the modern parent," and it will focus on smart solutions to some very serious medical issues like asthma and administering medication to infants.
The press release also stated that Universal Media Holdings will develop several projects focusing on new Internet presence and branded television exposure for each of American Scientific's unique divisions.
Universal Media is redesigning the American Scientific company website, splitting each of its subsidiaries to a separate website. In conjunction with the new sites, an engagement television program called "Modern Parenting TV" is being produced for national cable television distribution.
The company's core business is the development, management and operation of a network of low power television (LPTV) broadcast stations. In addition to owning broadcast television stations, Universal Broadcast Network, specializes in high-end production of engagement marketing television programs, direct response and infomercials. The company derives revenue from broadcast fees, video production and media placement services.
Other Stocks of interest yesterday were: eBay Inc. (Nasdaq:EBAY) up 1.9% on 22.7 million shares traded, Qualcomm, Inc. (Nasdaq:QCOM) down 0.5% on 18 million shares traded and General Electric Company (NYSE:GE) up 0.7% on 26.3 million shares traded.
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