MIAMI, April 27, 2005 (PRIMEZONE) -- Stock Market Alert's watch list includes: Universal Broadcast Network, Inc. (Pink Sheets:UMDH), Microsoft Corp. (NASDAQ:MSFT), Oracle (NASDAQ:ORCL) and Nortel (NYSE:NT).
Universal Broadcast Network, Inc. (Pink Sheets:UMDH) should have investors' full attention. Late yesterday afternoon, the company announced the development of a national television marketing campaign for Serefex Corporation. Before the news was released, the company's stock closed at around three cents a share.
The press release stated that Serefex has developed a very exciting product line and has just recently begun installations at some on the nation's largest retailers such as Walgreen's, Do-It-Best, Meijers and several Ace Hardware stores.
"We at Universal Media Holdings are excited to have the opportunity to work with Serefex Corporation as it develops its national marketing campaign," states Andrew Cambron, President UMDH.
Universal Media'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: Microsoft Corp. (NASDAQ:MSFT) down 0.9% on 60.2 million shares traded, Oracle (NASDAQ:ORCL) down 1.5% on 30.4 million shares traded and Nortel (NYSE:NT) down 1% on 20 million shares traded.
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