China TechFaith Wireless Communication Technology Limited (C Message Board

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Strategies & Market Trends : China TechFaith Wireless Communication Technology Limited (C

CNTF 0.00

Nov 1 5:00 PM EST

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From: recycled_electron	2/26/2008 10:25:06 AM
	of 4

Finally, CNTF is moving! Did someone get a chance to listen in at their earnings call yesterday? Cheers, r.e. In technology land, Chinese handset design and software solution provider China Techfaith(CNTF - Cramer's Take - Stockpickr) reported a 56% rise in fourth-quarter net revenue for 2007 at $45.7 million, vs. $29 million for the same period in 2006. The company raised first-quarter revenue guidance to $48 million to $49 million, vs. analyst estimates of $42.86 million. Techfaith said its solid performance was due to strong demand for high-end handsets and a healthy international market. Shares surged 11% in after-hours trading to $5.85. thestreet.com finance.yahoo.com

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