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Wall Street News Alert -- Stock Tips for Monday! Feb. 23, 2004

WESTON, Fla. Feb. 23, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Y3K, Incorporated (OTCBB:YTHK), RCN Corporation (Nasdaq:RCNC), Primus Telecommunications (Nasdaq:PRTL) and Mentor Graphics Corp. (Nasdaq:MENT).

Aggressive investors may have their eyes on Y3K, Inc (OTCBB:YTHK) this morning! Sunday afternoon, the company issued a press release announcing the signing of a Memorandum of Understanding to integrate its IP voice telephony services and products with the Powerline Communication products of Vancouver, B.C. based Corinex Communications Corporation!

This could be more great news for investors! Corinex is a leading developer and manufacturer of powerline-based connectivity products distributed in North and South America, Europe, Asia and Australia. The MOU provides for joint marketing by Corinex and Y3K of innovative VoIP communication solutions to their business and residential customers world-wide.

"The combined Y3K and Corinex product offering will exploit the emerging market opportunity for wired and wireless IP-based telephony and data services. Included in the product portfolio will be the hardware and software needed to implement an integrated powerline-to-wireless-to-coax communication solution for both residential and business environments. Coupled with our VoIP and ICS (Integrated Communication System) platforms, it offers a complete loop of secure data and voice communications to cost-effectively and innovatively meet the needs of residential and business customers," stated Jon Schnelz, Vice President of Technology for Ecuity Advanced Communications, a subsidiary of Y3K.

"With business and residential customers world-wide, this agreement with Corinex represents a significant sales and marketing channel for our residential and small-to-medium business customers," said Frank Maros, President of Ecuity Advanced Communications. "We are excited to further develop this partnership in the coming months."

"We were looking for a company we could partner with that was very advanced in the IP telephony market space and found that with Ecuity. By adding Ecuity's Internet voice products to our devices it will allow users the portability to use their local telephone number anywhere in the world at a very low cost, stated Eric Barker, COO of Corinex Communications." Corinex products are easy to use, flexible and provide technology infrastructure enabling fast deployment of VoiP services without need of structured cabling. Corinex technology has been successfully installed in major hotel chains as well as award winning installations in educational markets such as the highly innovative Powerline & CableLAN networked school in Madeira, Portugal (Escola Basica e Secundaria de Machico), where over 2500 students and teachers now have Internet access in every classroom.

The stock closed Friday at twelve cents a share.

In case you are unfamiliar with the company: With corporate offices in Bellevue, Washington, Y3K has emerged as one of the few providers of complete end-to-end unified communication technologies for the small to medium business market. Y3K economically delivers secure next generation voice services, instant messaging, data transfer, long distance plans, conference calling, Internet services, WiFi solutions, and enterprise software packages designed to meet the communication needs of today's business world. Through the integration of web based telecommunications and cutting edge software technology, Y3K's unified communication solutions break down distance, time and media barriers to allow people to communicate anywhere, anytime and across multiple mediums. Perfectly suited for today's geographically diverse workforce, Y3K's unified communication solutions and software technologies allow businesses to work smart, without barriers.

Stocks showing interesting activity Friday were: RCN Corporation (Nasdaq:RCNC) up 5.4% on 6 million shares traded, Primus Telecommunications (Nasdaq:PRTL) up 5.8% on 2.8 million shares traded and Mentor Graphics Corp. (Nasdaq:MENT) up 4.7% on 2.1 million shares traded.


"O.K. everybody knows that you should save money for your future needs. According to David Bach of 'The Automatic Millionaire,' the quick and easy way to do it is to pay yourself first. He admits this is not a new idea, but he puts a new spin on the concept. Pay yourself the first hour worked of every day, make the payment through some type of automatic deduction process, and stick with it. If you do this early, according to Bach, say in your twenties, you will achieve millionaire status, depending on your investing acumen, before age 60. Why don't they teach this to high school students? Bach also claims it is never too late, even in your 40's or 50's," Stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: .

WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 14 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at and select the "join now" button.

-- Wall Street News Alert is not affiliated with faxes bearing the names Wall Street Stock Alert or Wall Street News Alert! --

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). 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 forty-eight thousand dollars for coverage of Y3K, Inc (OTCBB:YTHK), by the company, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a clients 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. Market commentary provided by Sonja Rudd.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.

CONTACT:  Wall Street News Alert

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