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Non-Tech : POSITIVE EARNINGS -- Ignore unavailable to you. Want to Upgrade?


To: Ron who wrote (314)2/26/2008 3:56:31 AM
From: ~digs  Respond to of 337
 
Hello and welcome to another one of my hideouts, Ron. Small companies w/ positive earnings deserve our attention. There's a lot of opportunity here. Gary started the board many moons ago and put a cap of five dollars on it. I'm sure he doesn't mind if we waiver above that threshold on occasion.

That's a nice earnings surprise for CNTF. The stock reacted well after hours.. trading up fifty-seven cents to $5.80 on 160k shares.

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China Techfaith Wireless Communication Technology Limited operates as a handset design and software solutions provider in the People's Republic of China. It provides mobile handset design services based on existing platforms, successor model design services, and mobile handset design services based on new platforms. The company offers various handset design services that include industrial design, hardware design, component selection and sourcing, prototype testing, pilot production, and production support services. It offers wireless modules and data cards, feature phones, smart phones, printed circuit boards, and other electronic components. In addition, the company provides wireless software and applications, which includes man-machine interface and user interface software packages supporting various wireless communication platforms and wireless application software, such as WAP, Java, MMS, Web browser, SyncML, and DRM.

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Monday October 29, 8:35 am ET
BEIJING--(MARKET WIRE)--Oct 29, 2007 -- China TechFaith Wireless Communication Technology Limited (NasdaqGM:CNTF - News), an ODM focused on research and development of cell phone solutions, today announced the launch of Gallic, the world's first Windows-based GSM/CDMA dual mode dual standby pocket PC phone. Gallic is based on Windows 6.0 and allows users to load one GSM card and one CDMA card. The phone's features include a 2.0 megapixel camera, an MP3 and MPEG4 player, push mail and Bluetooth capabilities. TechFaith has already received an order from a major Chinese OEM for an operator brand that owns both GSM and CDMA networks, with the initial shipment expected sometime in the current fourth quarter of 2007. The launch of Gallic follows TechFaith's early October launch of its dual mode phone "Twins," the first cell phone that allows users to load one WCDMA card and one GSM card or load dual GSM SIM cards. biz.yahoo.com