SOURCE: Wall Street News Alert

November 15, 2005 08:39 ET

Wall Street News Alert: Aggressive Investors Alert Issued on CHID!

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

WESTON, FL -- (MARKET WIRE) -- November 15, 2005 --Wall Street News Alert's "stocks to watch" this Tuesday morning are: China Digital Communication Group (OTC BB: CHID), Motorola (NYSE: MOT), Nokia (NYSE: NOK) and Sprint (NYSE: S).

Once again, China Digital Communication Group (OTC BB: CHID) could be the target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, one of the fastest growing battery components manufacturers in China, issued a press release announcing that it has filed its Form 10-QSB for the third quarter ended September 30, 2005.

The news of the strong financial results should get the attention of investors, as the company reported third quarter 2005 revenues of $3,405,238, representing an increase of 242% compared to pro-forma unaudited revenues of $994,963 in the third quarter of 2004 and 2% greater than revenues of $3,316,327 reported in the second quarter of 2005!

The company reported net income of $748,488, or $0.01 per fully diluted share, in the third quarter of 2005, representing an increase of 478% compared to unaudited net income of $129,441, or $0.00 per fully diluted share, reported in the third quarter of 2004.

Continue to watch this company! Yi Bo Sun, China Digital's Chairman and Chief Executive Officer, stated, "During the third quarter, we continued to ramp-up our production lines to meet new orders for our products, including continued growth in our ABS product line. In addition to serving an expanded client base, we are focused on building new distribution channels that can grow our domestic market share and create an international presence. With our recent test product agreement to sell our lithium ion batteries throughout 20 stores of a major U.S. retailer, we are making strides in serving the consumer electronics market overseas. We expect our strong growth trend to continue through the fourth quarter of 2005 and beyond."

See the company's press release for complete financial details.

Investors should continue to monitor the progress of China Digital! Last week, the company announced that it had entered into a product test agreement with one of the United States' leading computer retailers and resellers of technology products and services. The company has also recently announced that it has experienced accelerated demand from Chinese mobile-phone manufacturers for its aluminum battery shells (ABS) and cap product lines.

Prior to the press release, the stock closed yesterday at Forty-Six cents a share.

For an in-depth profile of China Digital Communication Group, visit

In case you are not familiar with the company: China Digital Communication Group, through its Shenzhen E'Jenie subsidiary, is a rapidly growing manufacturer of battery shells and related technology for use in electronic products, primarily mobile phones. Since December 2003, the company has adopted the approach of using licenses, joint ventures, mergers and acquisitions to bring battery and telecom equipment makers in China to markets overseas. The company's products now power digital cameras, camera phones, PDAs and laptop computers in East Asia and beyond. China Digital is continuing its expansion across China, while also seeking distribution partners in the United States. The company's website is

The press release also states that sales and earnings comparisons with 2004 are based on pro forma figures. For the first three quarters of 2004, China Digital was a shell company with no significant revenues. On November 15, 2004 it acquired its operating subsidiary, E'Jenie Science & Technology Co. Ltd. ("E'Jenie"). In order to present an accurate picture of revenue and profit trends, the results stated here for 2004 consist of sales and profit from E'Jenie, as if China Digital had owned the subsidiary for the comparable period.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Motorola (NYSE: MOT) down 2.9% on 28.4 million shares traded, Nokia (NYSE: NOK) up 0.7% on 9.2 million shares traded and Sprint (NYSE: S) up 1.7% on 9.3 million shares traded.


"Wal-Mart said that they made money in the last quarter, but the smallest, if you can call $2.37 billion or 3.8% small, versus the same period the year before. Additionally, retailer like JC Penney, Lowe's, Home Depot, Barnes & Noble, Gap, Nordstrom's, Starbucks, Walt Disney, and Hewlett Packard will be reporting this week their earnings," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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

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 and select the "join now" button.

*** 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! If you receive any such fax, please do not contact us at You may wish to inquire about the fax, with the CEO of the company that the fax is written about ***

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). 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 Fourteen Thousand Dollars for past coverage and Fourteen Thousand Dollars for current coverage of China Digital Communication Group (OTC BB: CHID), by a third party (National Financial Communications Corp), who is non-affiliated and may hold a significant position in the stock, 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 Information