SOURCE: Wall Street News Alert

Wall Street News Alert

July 25, 2007 09:38 ET

Wall Street News Alert: Stocks on the Move for Wednesday: 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), BlackStone Group (NYSE: BX), First Data Corp. (NYSE: FDC) and Avaya Inc. (NYSE: AV).

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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BlackStone Group (NYSE: BX) down 2.5% on 5.6 million shares traded. The Blackstone Group is a leading global alternative asset manager and provider of financial advisory services. Its alternative asset management businesses include the management of corporate private equity funds, real estate opportunity funds, funds of hedge funds, mezzanine funds, senior debt funds, proprietary hedge funds and closed-end mutual funds.

First Data Corp. (NYSE: FDC) down 0.6% on 18.6 million shares traded. First Data Corp. is a leading provider of electronic commerce and payment solutions for businesses worldwide. Serving 5 million merchant locations, 1,900 card issuers and their customers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment.

Avaya Inc. (NYSE: AV) down 0.8% on 15.3 million shares traded. Avaya delivers Intelligent Communications solutions that help companies transform their businesses to achieve marketplace advantage. More than 1 million businesses worldwide, including more than 90 percent of the FORTUNE 500®, use Avaya solutions for IP Telephony, Unified Communications, Contact Centers and Communications-Enabled Business Processes.

Market Commentary:

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