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Wall Street News Alert: Investment Watch: SSPE! March 21, 2007

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

Wall Street News Alert's "stocks to watch" this morning are: SUN Sports & Entertainment Inc. (PINKSHEETS: SSPE), Clear Channel Radio (NYSE: CCU), PepsiCo (NYSE: PEP) and FedEx Corp. (NYSE: FDX).

There's more good news coming from SUN Sports & Entertainment Inc. (PINKSHEETS: SSPE). Yesterday after the stock markets closed, the company (which began trading March 7th) issued a press release announcing that the "Art of War" Undisputed World Championship Fight will be seen for the first time on HDNet on Friday March 23rd, 2007 @ 9:30pm EDT.

"Art of War," the mixed-martial arts event at the American Airlines Center (Dallas) on March 9th, 2007, was a huge success for the company, which reported approximate gross revenue of $500,000. This is a combination of Live Gate, Sponsors, Merchandise and Media. The Company also stated that it had approximate net profit of $150,000.

"For SUN to draw a crowd of 6,722 (total attendance) for our first 'Art of War' event was beyond our expectations and certainly an indication that SUN is to be considered a serious player in the fast-growing sport of mixed-martial arts. We are confident that we delivered a world class event and from all indications the universal comments were -- when is the next event," stated SUN CEO CJ Comu.

Through this event, SUN has officially entered the MMA Arena as a new player in (according to Newsweek Magazine) "the fastest growing sport in America."

Wall Street News Alert continues to place Aggressive Investors on alert to monitor the progress and the results of SUN Sports & Entertainment! The nationwide MMA market is estimated to be $1 billion with one primary player in the space, which is privately held and controlled by UFC.

SSPE stock closed Tuesday at around Forty Three cents a share.

For Wall Street News Alert's updated and in-depth profile of SUN Sports & Entertainment, visit

HDNet is the first national television network broadcasting all of its programming in 1080i HD, the highest-quality format of high-definition television (HDTV). Launched September 2001 by co-founders Mark Cuban and Philip Garvin.

In case you are not familiar with the company: SUN is a Professional Sports & Entertainment Marketing Company. SUN Production Group is a Certified Texas Combat Sports Promoter and produces World Class Boxing and Mixed Martial Arts. The properties of SUN (, Art of War ( and International Fighters Association ( are pending trademarks. SUN management team has over 25 years' experience in sports and entertainment and has managed the largest boxing events of the past 30 years, events such as Chaves vs. Whitaker (Alamodome 1993, 65.000) and De La Hoya vs. Charpenter (SUN BOWL 1998, 52.000).

Clear Channel Radio (NYSE: CCU) down 0.3% on 5.4 million shares traded. Clear Channel Radio is a leading radio company focused on serving local communities across the U.S.

PepsiCo (NYSE: PEP) up 0.8% on 4.3 million shares traded. PepsiCo is one of the world's largest food and beverage companies with annual revenues of more than $35 billion.

FedEx Corp. (NYSE: FDX) down 0.1% on 1.6 million shares traded. FedEx Corp. provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services.

Market Commentary:

"Home builders, in a survey done by the National Association of Home Builders, said that their index fell in March, the first decline since September. The index measures builders' optimism and sentiment regarding future building confidence," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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*** It has come to the attention of Wall Street News Alert (WSNA), that various persons or companies distribute faxes bearing similar names to Wall Street News Alert. Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street.***

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated Thirty Two Thousand Dollars for coverage of SUN Sports & Entertainment Inc. (PINKSHEETS: SSPE), by a third party (Dan Starczewski Consulting), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF has also purchased, in a private placement/transaction, One Million and One Hundred and Twelve Thousand and One Hundred and Nine shares of SUN Sports & Entertainment Inc. (PINKSHEETS: SSPE) stock. WSCF will receive Ninety Two Thousand Six Hundred and Seventy-Six thousand shares a month beginning in March and ending in February 2008. WSCF has not sold any of those shares, as of this release, but intends to immediately begin selling its shares as this release is being circulated. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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