Before the Bell: (WAIV) Strong when the Market is Down.

Each month Wall Street Monthly analysts study, research, and examine hundreds of NASDAQ stocks, in an effort to pinpoint the one with the most promise.

This month's pick : World Associates Inc.

Symbol: WAIV

Current Price: $0.15

Opinion: Strong Buy

Recent News:

Mortgage rates have dipped to levels not seen since 1965 and stock markets are in a three-year swoon. This has fueled home buying and building, making the sector one of the rare bright spots in a slumping U.S. economy. More.....

The Housing Market is Red Hot ! Construction spending rose 0.3% in November, helped by record activity in the red-hot housing market, the government reported. More.....

The median price of new and existing homes sold in San Bernardino County during November skyrocketed 18.2 percent from a year earlier. More.....

The results are in. Last year was another record-setting year for real estate thanks to an economy with low interest rates. More.....

Highlights of Current and Future Success:

- Recently acquired more than $10 M in real estate assets

- Projected sales of $100,000,000 over four years

- More than $5M in earnings projected for each of 2003 and 2004

- Real estate may provide assets that allow for a listing on a major exchange

- Incorporating environmentally friendly and sustainable technologies

WAIV Aims High, Determined To Succeed:

World is extending the real estate concept of "highest and best use" to include quality of life considerations. A "higher and better" use for real property is to find the very most profitable use that also provides a beneficial impact to the community and environment. World believes that this approach will be a key to successful real property development in the future.

A Closer Look:

World Associates, Inc. (World) was founded in 1990 and it has evolved into a fully integrated real estate enterprise. World is combining access to the capital markets, a competency with Internet technology, a portfolio of sustainable technologies, and the inherent strength of real estate as a means of creating shareholder value. Early in 2002 World acquired more than $10 million in real estate assets. The company is negotiating other joint venture opportunities and alliances, and it will continue to expand it's growing portfolio of assets to develop.

Objective:

The companyÿFFFF92s immediate objective is to execute a plan of development for it's current assets that include more than 300 acres of property valued at more than $10,000,000. When fully developed, the property will support more than 700 homes representing more than $100,000,000 in total sales over the next four years. The company will continue to add to the assets it owns, focusing on land development, affordable housing, 55+ housing, and infill housing.

Points to Consider:

This stock is based on real estate, the traditional hard asset

Manufactured housing is the future-New homes cost up to 35% less than regular construction

Affordable housing will always be in demand

This is an early stage opportunity with good upside potential

Rain or Shine, manufactured housing construction continues without delay from weather conditions.

Conclusion:

Real estate is the traditional hard asset and it is the foundation of World Associates, Inc. The strength and potential for growth embodied by the current real estate market, dictates that this sector be in the spotlight for creating value.

The Savvy Investor chooses its first pick of the New Year - World Associates Inc. (WAIV). With their strategic positioning and acquisitions WAIV is sure to move to the forefront of the sector. In an unstable market - its a necessity to add strong stocks to your portfolio.

This has been the February Edition of The Savvy Investor Newsletter.

Editing Chairman