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Wall Street News Alert Issues Special Alert on DRGV! January 24, 200727 January 2007
Wall Street News Alert's "stocks to watch" this morning are: Dragon Capital Group Corp (PINKSHEETS: DRGV), Oracle (NASDAQ: ORCL), Research In Motion Limited (NASDAQ: RIMM), Trident Microsystems, Inc. (NASDAQ: TRID). Dragon Capital Group Corp (PINKSHEETS: DRGV) is a new stock to put on your radar and watch as Wall Street News Alert initiates coverage of the company. Tuesday after the markets closed, the company, a leading holding company of emerging technology companies in China, issued a press release announcing the preliminary un-audited operating results of its six subsidiaries for the 12 months ended December 31, 2006. The results may be subject to adjustment and the Company expects to report consolidated results in February of 2007. It was huge news! According to the press release, the Company's six technology related subsidiaries in China, recorded record revenues of approximately $42.29 million for the 12 months of 2006. Gross profits rose to approximately $2.98 million in 2006 with income from the six subsidiaries reaching approximately $1.37 million. Net income after taxes for 2006 wax approximately $831,000. The Company sees consolidated net income to be between $500 and $600 thousand which will be reported in the Company's financial statements with financial notes, expected to be published in February and available for public viewing via http://www.pinksheets.com. Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Dragon Capital Group! Lawrence Wang, CEO of Dragon Capital Group, stated, "We are very pleased with the performance of our subsidiaries in 2006 and we continue to see strong momentum in sales for the first quarter. We enter 2007 with the goal of continuing our growth while we increase operating margins and efficiencies through the continued integration of our subsidiaries and acquisitions. While we are driven to continue to deliver sales growth, management will focus its efforts on expanding operating margins and over all income from our operations to increase the value of our Company." Continue to watch this company. Dragon Capital Group is doing business in China through its subsidiaries. Dragon was established to serve as a conduit between Chinese high-growth companies and Western investors. The company functions as an incubator of high-tech companies in China, offering support in the critical functions of general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of high-tech companies operating in China. Highlighted Links FREE Email Alert Service Our Home Page Prior to the latest press release, the stock closed Tuesday at around Four cents a share. For Wall Street News Alert's in-depth profile of Dragon Capital Group, visit http://www.thenewssvc.com/DRGV012307.html To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued. Oracle (NASDAQ: ORCL) up 0.7% on 33 million shares traded. Oracle is one of the world's largest enterprise software companies. Research In Motion Limited (RIM) (NASDAQ: RIMM) up 4.5% on 11.6 million shares traded. Research In Motion is one of the leading designers, manufacturers and marketers of innovative wireless solutions for the worldwide mobile communications market. Trident Microsystems, Inc. (NASDAQ: TRID) up 5.1% on 3.3 million shares traded. Trident Microsystems, Inc. designs, develops and markets digital media for the masses in the form of multimedia integrated circuits (ICs) for CRT TV, LCD TV, PDP TV, HDTV, and digital set-top boxes. Market Commentary: "One analyst said that tech is doing well on news of corporate profits for 2006 and the expectation that companies will spend on tech upgrades, both hardware and software, in 2007. Sun Microsystems Inc. and Intel Corp. announced an alliance that will have Sun's servers running on Intel's chips," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com. Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're Interested in telling your story, we can help. Contact us at info@wallstreetnewsalert.com 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 50 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button. WSNA is a Platinum Sponsor of Quality Stocks. Quality Stocks tracks the stock picks of 150 Investment Newsletters every day and reports on their performance. For their free service, visit www.qualitystocks.net. *** 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 Thousand Dollars for coverage of Dragon Capital Group Corp (PINKSHEETS: DRGV), by the company, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. 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. 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 company's 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 email: Email Contact URL: http://www.wallstreetnewsalert.com Company: Wall Street News Alert SOURCE: Wall Street News Alert
Source: marketwire
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