SOURCE: Wall Street News Alert

August 31, 2005 08:36 ET

Wall Street News Alert: U.S. Hot Stock Highlights!

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

WESTON, FL -- (MARKET WIRE) -- August 31, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: LJ International (NASDAQ: JADE), Nortel (NYSE: NT), Corning Incorporated (NYSE: GLW) and Wal-Mart Stores, Inc. (NYSE: WMT).

Once again, LJ International, Inc. (NASDAQ: JADE) may be appearing on the radar screen of aggressive investors and day traders! Yesterday the company issued a press release announcing that it will exhibit at Orogemma 2005 in Vicenza, Italy, September 10-15, 2005.

The news could be well received by investors! Orogemma is one of the leading trade shows of the global jewelry market, with more than 1,700 exhibitors expected. Jewelry buyers and sellers regard it as a key event kicking off the pre-holiday sales season, the highest-volume period of the year.

Continue to watch this company! LJI's appearance at Orogemma comes three months after the Company had its best performance ever at the JCK Show in Las Vegas, June 3-7, 2005. It booked approximately $20 million in new orders, more than 20% above its sales volume at the 2004 JCK show and about 33% above its 2003 total.

Investors should continue to monitor the progress of LJ International for further developments! "As our results at the latest JCK show demonstrated, trade shows are becoming an increasingly strong venue for launching our latest jewelry lines as well as increased exposure within the industry for LJI," said Yu Chuan Yih, Chairman and CEO of LJ International. "The Orogemma show not only brings buyers from around the world but also allows those buyers to have a sneak-peek at the specific jewelry lines that they believe will appeal to consumers in the all-important holiday season. We expect a continuation of the strongly positive reception to our product lines, coupled with the heightened demand that is to be expected this time of year."

For updated in-depth coverage and a company profile of LJ International, visit http://www.backissuesofnewsalerts.us/JADE0830.html

The stock closed yesterday at $2.70 a share.

In case you are not familiar with the company: LJ International, Inc., based in Hong Kong and the U.S., is engaged in designing, branding, marketing and distributing a full range of jewelry. It has built its global business, currently one of the fastest-growing in the jewelry industry on a vertical integration strategy. LJI distributes to fine jewelers, department stores, national jewelry chains and electronic and specialty retailers throughout North America and Western Europe, with a growing retail presence in China through stores and e-shopping sites. Its product lines incorporate all major categories sought by major retailers, including earrings, necklaces, pendants, rings and bracelets. The company's website is www.ljintl.com.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Nortel (NYSE: NT) down 1.6% on 22.8 million shares traded, Corning Incorporated (NYSE: GLW) up 4% on 16.6 million shares traded and Wal-Mart Stores, Inc. (NYSE: WMT) down 1% on 22.9 million shares traded.

Commentary:

"Stocks fell Tuesday in the devastating aftermath of Hurricane Katrina. While major indexes gained Monday when the storm weakened, Wall Street's spirits sank Tuesday after the nation's top disaster relief official called the hurricane 'catastrophic,'" stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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