SOURCE: Wall Street News Alert

September 28, 2005 09:47 ET

Wall Street News Alert: Hot Stock Alert Issued on DRGV! September 28, 2005

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

WESTON, FL -- (MARKET WIRE) -- September 28, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Dragon Venture (OTC: DRGV), JDSU (NASDAQ: JDSU), Intel Corporation (NASDAQ: INTC) and Cisco (NASDAQ: CSCO).

Aggressive investors and day traders may be watching Dragon Venture (OTC: DRGV) this morning! Yesterday after the markets closed, the company, a leading holding company of emerging high-tech companies in China, issued a press release announcing that it has signed a letter of intent to acquire a controlling interest in Shanghai Zhaoli Technology Development Company, Limited ("Zhaoli").

News of the letter of intent may be welcomed by investors, as the company's press release states that Zhaoli is an information technology enterprise providing innovative technology solutions to enhance its customer's businesses. The release further states that Zhaoli generated approximately $20 million in sales for the fiscal year 2004 ending September 30, 2004. In the first nine months of the fiscal year 2005 ending June 30, 2005, Zhaoli generated approximately $18.8 million in sales. Zhaoli's customer list includes financial institutions, telecommunication companies, hospitals, supermarkets, airports, railway stations, and various government agencies.

Watch this company! Lawrence Wang, CEO of Dragon Venture, commented, "We are very excited with this potential addition to Dragon's high-tech family. This acquisition would represent a significant milestone for our company in achieving substantial growth in sales and earnings. We will integrate our wireless division and software division with Zhaoli operations, realizing improved profit margins."

Investors should continue to monitor the progress of Dragon Venture for further developments! Mr. Wang, concluded, "We are optimistic about our prospects for 2006 as we aggressively pursue our acquisition strategy. Dragon has the financial backing, merger & acquisition expertise, and proven management team needed to execute on its growth plan. We believe our common stock is presently undervalued and our management team is committed to maximizing shareholder value. Starting in the fiscal year of January 1, 2006, we plan to voluntarily publish our unaudtied financial statements on a quarterly basis."

According to the company's press release, Dragon Venture will issue $500,000 worth of common shares as consideration to acquire 80% of Shanghai Zhaoli Technology Development Company, Limited.

For updated in-depth coverage and a company profile of Dragon Venture, visit

Prior to the press release, the stock closed yesterday at Four cents a share.

In case you are not familiar with the company: Dragon Venture ("Dragon") is doing business in China through its subsidiaries, and was established to serve as a conduit between Chinese high-growth companies and Western investors. As China emerges as a growing force on the global stage, Dragon's professionals will provide invaluable services for Western investors seeking to gain access to the Chinese high-tech economy. In addition, Dragon 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 of capital, merger and acquisition, business valuation, and revenue growth strategies. Dragon will develop a portfolio of high-tech companies operating in China. Their focus will be on innovative technological applications, which are poised to alter the competitive landscape of the industry. In addition, the company acquires and invests in innovative technology companies in China or forms joint ventures with both American and Chinese companies, focusing on emerging technology industries including Telecommunication, Information Technology, Wireless applications, and other high-tech industries. The company's website is

Stocks showing interesting activity yesterday at the close of the regular trading day were: JDSU (NASDAQ: JDSU) up 8.4% on 154.6 million shares traded, Intel Corporation (NASDAQ: INTC) down 1.6% on 57.3 million shares traded and Cisco (NASDAQ: CSCO) down 1.1% on 50.4 million shares traded.


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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 Twenty Thousand Dollars for past coverage and Twenty-Five Thousand Dollars and Five Hundred Thousand Shares of Dragon Venture (OTC: DRGV) for current coverage, by a third party (Dragon International Group), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. It was incorrectly stated in the WSCF press release dated June 16, 2005 that the Company (Dragon Venture) had compensated WSCF Twenty Thousand Dollars, when in fact, WSCF was compensated by Dragon International Group, who is non-affiliated. WSCF has sold One Hundred Thousand of the shares, as of this release, although WSCF intends to immediately begin or continue 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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