SOURCE: Wall Street News Alert

August 24, 2006 08:38 ET

Wall Street News Alert: Breaking Investors Alert for Thursday! August 24, 2006

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

WESTON, FL -- (MARKET WIRE) -- August 24, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Diamond Ranch Foods, Ltd. (PINKSHEETS: DFDR), Gold Kist Inc. (NASDAQ: GKIS), Rambus Inc. (NASDAQ: RMBS) and Symantec Corporation (NASDAQ: SYMC).

Once again, Diamond Ranch Foods, Ltd. (PINKSHEETS: DFDR) may be a target of aggressive investors and day traders! Yesterday the company, a custom meat processing and distribution conglomerate, issued a press release announcing record first quarter profits.

News of the company's financial results may get the attention of investors! According to the company's press release, its first quarter ended June 30, 2006 generated record net operating profits on sales of $2,747,447.00.

Louis Vucci, Jr., President of Diamond Ranch Foods, Ltd., announced that the net operating profits for the first quarter ended June 30, 2006 were $108,701, as compared to a net operating loss of $178,120 for the company's first quarter ended June 30, 2005.

Watch this company. "These favorable results reflect the changes implemented by myself and Joseph Maggio, Chairman and CEO effective April 1, 2006. The results reflect current and continuing cost-cutting measures that we have put in place along with the additional higher gross profit margin products that we have added to our diverse product line," stated Mr. Vucci. "Our payroll expense was cut by nearly 50% and our operating expenses were reduced by 30%. We have begun to run our company more efficiently and we are focusing on improving our profitability and net earnings," added Mr. Vucci.

As previously announced, the company's strategy is to maintain profitable revenue and earnings growth through the next quarter and then begin to acquire other smaller regional distributors, growing the company through acquisitions and the broadening of its branded product lines.

Wall Street News Alert continues to place Aggressive Investors on alert to monitor the progress of Diamond Ranch Foods! Earlier this month the company announced that its private-label branding program is underway. In that release, Mr. Vucci stated, "We believe that branding our products and getting the Diamond Ranch Foods name out to the masses is of paramount importance to the Company's future growth plans."

Mr. Vucci also stated in the company's shareholder update last month, "We are currently experiencing record profitability and anticipate adding significant revenue in the third and fourth quarters resulting in record revenues for the 2006-2007 fiscal year. We are broadening and expanding our product lines and bringing in higher profit margin items. It is our ultimate goal to see the Diamond Ranch Foods label in supermarkets, neighborhood delis, and warehouse clubs across the eastern seaboard."

The stock closed yesterday at Fourteen cents a share.

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In case you are not familiar with the company: Diamond Ranch Foods, Ltd., a processor and distributor of meats and fresh cut portion controlled poultry, is located in the historic Gansevoort meatpacking district in lower Manhattan, NY. Operations include packing, processing, labeling and distribution of products. The company's diversified customer base includes in-home food service businesses, retailers, hotels, restaurants, and institutions, deli and catering operators and industry suppliers. Specific customers include Madison Square Garden, TGI Friday's, Sloan Kettering Hospital, and the Hilton Group.

Gold Kist Inc. (NASDAQ: GKIS) up 0.2% on 3.6 million shares traded. Gold Kist is the third largest chicken company in the United States.

Rambus Inc. (NASDAQ: RMBS) up 17.6% on 36.8 million shares traded. Rambus is one of the world's premier technology licensing companies specializing in the invention and design of high-speed chip interfaces.

Symantec Corp. (NASDAQ: SYMC) up 1.1% on 13.5 million shares traded. Symantec is one of the leaders in providing solutions to help individuals and enterprises assure the security, availability, and integrity of their information.

Market Commentary:

"In housing, the National Association of Realtors reported sales of existing homes dropped by 4.1%. Economists had predicted a decline to 6.56 million units, but the annualized rate was lower at 6.33 million units. In inventory, there are 3.856 million homes available, up by 3.2%, a 7.3 month supply; this is the highest since July of 1993. Sales are down by 11.2% for the year," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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