SOURCE: Wall Street News Alert

Wall Street News Alert

July 25, 2007 08:38 ET

Wall Street News Alert: Hot Stock to Watch - DRGV! July 25, 2007

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

WESTON, FL--(Marketwire - July 25, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Dragon Capital Group Corp. (PINKSHEETS: DRGV), Wells Fargo & Company (NYSE: WFC), Research In Motion Limited (NASDAQ: RIMM) and Time Warner Inc. (NYSE: TWX).

Investors should make sure to start watching Dragon Capital Group Corp. (PINKSHEETS: DRGV). Tuesday 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 engaged Hawk Associates Inc. to provide investor relations consulting and services.

This could be great exposure for the company, which has recently made several very significant announcements, including that management sees 2007 revenues from the current operations of its 7 Chinese subsidiaries in the range of $50 to $55 million and that one of the company's subsidiaries has entered into a contract with China's fifth largest nonlife insurers.

Chief Executive Officer of Dragon Capital, Lawrence Wang, said, "We are pleased to welcome Hawk Associates as our investor relations consultant because of their proven results in increasing companies' exposure in U.S. markets. Their professionalism is highly respected in the investment community and we look forward to working with the Hawk team."

Frank Hawkins, CEO of Hawk Associates, said, "As a holding company with seven subsidiaries in the world's largest and fastest growing market, Dragon Capital is a major beneficiary of the increasing demand from Chinese consumers and businesses for electronic hardware and high-tech applications. Dragon's fiscal year 2006 revenues were $42.29 million, up 51% from $28.07 million reported in 2005. Dragon expects $55 to $60 million for fiscal year 2007, with net income in excess of $1.5 million. We believe this is going to be an increasingly attractive opportunity for investors and we are delighted to be able to help the company tell its story in Wall Street."

Wall Street News Alert is continuing to alert aggressive investors to watch Dragon Capital Group very closely. The company is a holding company serving as a business incubator for emerging Chinese businesses. Dragon currently controls seven subsidiaries operating in high-tech, IT products and services and management consulting. Three of the subsidiaries are growing strong recurring revenue streams from electronics hardware distribution and network integration. Dragon's wholly owned management firm, Shanghai Dragon, is expected to realize its initial revenue and profits in 2007. The company's other three subsidiaries, still in the emergent stage, are focused on wireless Internet applications, mobile business solutions, software development, enterprise management, computerized automations systems integration and network integration.

Before the news was released, the stock closed Tuesday at around Two cents a share.

For Wall Street News Alert's in-depth profile of Dragon Capital Group, visit

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Wells Fargo & Company (NYSE: WFC) down 2.6% on 23.4 million shares traded. Wells Fargo & Company is a diversified financial services company with $486 billion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 6,000 stores and the internet ( across North America and internationally.

Research In Motion Limited (NASDAQ: RIMM) down 3.8% on 8.2 million shares traded. Research In Motion is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, SMS messaging, Internet and intranet-based applications.

Time Warner Inc. (NYSE: TWX) down 0.4% on 21.5 million shares traded. Time Warner Inc. is a leading media and entertainment company, whose businesses include interactive services, cable systems, filmed entertainment, television networks and publishing.

Market Commentary:

"Earnings are still the key, and although most analysts expect ExxonMobil to be better than expected, Countrywide Financial posted a 33% profit drop, Texas Instruments was just under expectations, and McDonald's Corp. was just in line with predictions. One analyst noted that earnings are overall decent, but the investor has become spoiled and now expects to see above the predicted results, hence a hit to the confidence neurosis. Confidence has always been a factor on Wall Street," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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