May 20, 2008 08:01 ET

Stock Market Watch for Tuesday, May 20, 2008: CAAH On Track for Profitability!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Peter Antipatis of Capital Research Group Inc.

WESTON, FL--(Marketwire - May 20, 2008) - Names the following stocks to its Stock Alerts List: China America Holdings, Inc. (OTCBB: CAAH), Foundry Networks, Inc. (NASDAQ: FDRY), Atmel Corporation (NASDAQ: ATML), Finisar Corporation (NASDAQ: FNSR).

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China America Holdings, Inc. (OTCBB: CAAH), a diversified holding company operating in both the United States and China, announced today that its 56% owned subsidiary Shanghai Aohong has signed an agreement with Minnesota based Thermo King Corporation to distribute Thermo King Refrigeration Units and Compartments. Shanghai Mengjin Chemical Co., Ltd., a 60% owned subsidiary of Shanghai AoHong Chemical Co., Ltd., anticipates this new business line will generate approximately $4.3 million in revenue for 2008.

China America Holdings just announced record results of operations for the first quarter of 2008. The Company reported revenue of $6,507,477 in the first quarter of 2008 as compared to $32,517 for 2007. Management remains confident that the company is on track to reach profitability and to record its first profitable year in 2008 in the company's 10 year history.

Other stocks highlighted include Foundry Networks, Inc. (NASDAQ: FDRY): Hot Stocks List, down 1% on 3 million shares, Atmel Corporation (NASDAQ: ATML): Hot Stocks List, down 2% on 2 million shares, Finisar Corporation (NASDAQ: FNSR): Hot Stocks List, up 9% on 23 million shares.'s Daily Stock Updates:, a leader in corporate communications and finance, highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed.

All material herein was prepared by CRG Partners, Inc. (CRGP) based upon information believed to be reliable. The information contained herein is not guaranteed by CRGP to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRGP is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. CRGP has been compensated one hundred thousand shares for CAAH. CRGP was compensated by Consultants LLC who received one hundred thousand dollars and one million one hundred thousand shares of CAAH for their services. The owner of Consultants LLC is also the owner of Capital Research Group Inc. and Inc. CRGP intends to sell its shares. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. CRGP and its web site operate under a license from Capital Research Group, Inc., Inc. and One Source Solutions Inc. (Licensors) and CRGP is not the agent of any of the Licensors and CRGP is solely responsible for all statements made herein. CRGP's Licensors, affiliates, officers, directors and employees own shares and intend to buy and sell additional shares of the company mentioned herein and may profit in the event those shares rise in value. CRGP will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

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