Subject: Wall-Street-Reader-STNYF

From: "WALLSTREETREADER" <[email-masked]>
Date: Tue, 20 Jul 2004 07:37:50 -0500

WALL STREET READER

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Stream Communication Network, Inc.

Symbol OTCBB: STNYF

Rating: STRONG

Shares Outstanding: 29,705,675

Float (Estimate): 2,500,000

Current Price: $0.85

*Price Target: $3.00 - $5.00

STNYF: Stream Communications Network, Inc.

Co-Founder of CNN and TNT Helps Bring Broadband and Cable to Poland!!!

Over the last decade, Poland has emerged as one of the most dynamic economies in Central Europe. The country is steadfastly achieving economic reforms such as privatization, deregulation, driving down inflation, and encouraging entrepreneurship and foreign investment. With a population of over 39 million, only 4.35 million currently subscribe to basic cable and only 6 million subscribe to the Internet. STNYF, a leading provider of broadband services in Southern Poland, is poised to exploit these factors as it is on the way to becoming a leader in the multi-billion dollar European broadband industry.

MARKET POTENTIAL AND OVERVIEW

Market research shows that adults in Poland spend and average of 4.5 hours per day watching television (one of the highest ratings in Europe.) The number of Internet users in Poland is 6 million and growing rapidly. Internet penetration is expected to increase from 13.5% to 50% by 2007. The market is very fragmented with 500 operators, most of them local and very small. As a broadband provider, STNYF has a competitive advantage that allows them to provide bundled services to the consumer which includes television, high-speed data transmission, and Internet access. As the only publicly traded cable-company in Poland, STNYF’s strategy is to grow through acquiring small regional operators and constructing new networks in the densely populated region of southern Poland.

KEY OFFICERS AND DIRECTORS

CEO-Stanislaw Lis has vast experience in the areas of finance, economics, and publicly traded companies. In 1988 he founded International UNP Holdings, an investment company engaged in the business of buying and financing Polish state-owned companies. Director-Robert J. Wussler is currently the President and CEO of Ted Turner Pictures and Documentaries. He is also former President of the CBS Television Network and CBS Sports as well as co-founder of CNN, TNT, WTBS, and VP of Turner Broadcasting among many other high level positions.

RECENT DEVELOPMENTS

6/3/2004 (CCNMatthews via Comtex) – Stream Communications Network, Inc. (OTCBB: STNYF) announces that the Company has signed letters of intent to purchase two cable TV networks with 2,200 subscribers in Silesia, Poland. These acquisitions, once complete, will bring the Company’s subscriber base to almost 60,000 cable TV and Internet subscribers combined, which represents a 50% growth rate of the Company since the beginning of this year.

CORPORATE SNAPSHOT

Established in 1995, Stream Communications Network, Inc. (OTCBB: STNYF), a Canadian Corporation headquartered in Vancouver, BC with its main operation office in Krakow, Poland. STNYF is a broadband cable company and offers CATV and high-speed Internet services to the densely populated markets of Southern Poland. Currently, STNYF is the 9th largest CATV operator and only publicly traded cable company in Central Europe.

FINAL CONSIDERATIONS
Poland, with 12.7 million households is the 7th largest cable market in Europe.

Consumer demand for Western-style goods and services in Poland is expected to experience significant growth over the next decade.

The number of Internet users in Poland is approximately 6 million with Internet penetration expected to increase from 13.5% to 50% by 2007.

As a broadband provider, STNYF has the advantage of providing bundled service including television, high-speed data transmission, and Internet access.

Poland entered into the European Union in May of 2004.

Estimated revenues are expected to more than double to $6 Million this year and triple to $20 Million by 2005 from just $2.8 Million last year.

This email is for informational purposes only, and is neither a solicitation to buy nor an offer to sell securities. All assembled information within is subject to change without notice. The assembled information within this email is based on public information supplied by the company or from other sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Information in this email may contain "forward looking statements" as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. An example of forward-looking information are statements relating to the future capital expenditures, future funding sources, anticipated sales growth, and potential contracts. These and similar forward statements are subject to a number of known and unknown risks and uncertainties outside our local control that could cause actual operations or results to differ materially from those anticipated. Icon Advertising Design accepts no liability for any losses arising from an investor's reliance on or use of this report. This assembled information is for informative purposes and is not intended to be used as the sole source of information on a company. Always do your own due diligence and consult a financial advisor. Icon Advertising Design has been paid $8,700 by BMA Ventures, Inc., for the presentation and dissemination of the assembled information. tant risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *BMA Ventures, Inc. does not set price targets on securities. *The price target in this report was obtained from a press release sent via BusinessWire on July 16, 2004.

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