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Strategies & Market Trends : Greater China Junior Stocks

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To: Julius Wong who wrote (1562)	12/1/2007 1:50:24 AM
From: ~digs	Read Replies (2) of 1992

[WATG] WONDER AUTO TECH > 9.4399 +0.44 ( +4.89%) [ 2007 otc graduate ] Wonder Auto Technology, Inc., through its subsidiaries, engages in the design, development, manufacture, and sale of automotive electrical parts primarily in the People's Republic of China. It primarily offers starters and alternators, which are used in various types of automobiles, such as sedan and passenger cars, pickup trucks, and sport utility vehicles. Monday November 26, 8:29 am ET NEW YORK (AP) -- Wonder Auto Technology Inc. expects its profit to rise more than 64 percent this year, the Chinese auto parts maker said Monday. Wonder Auto expects net income of more than $13.5 million on sales above $100 million. Last year the company posted a $8.2 million profit on sales of $72.2 million. The company also expects new contracts to push 2008 profit above $20 million on more than $140 million in revenue. Analysts polled by Thomson Financial expected net income of $18.6 million next year on revenue of $138.8 million. biz.yahoo.com

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