New on Wall Street Reporter: Prudent Speculator John Buckingham on JWN, PVH, SHOO, UNTD, and Other Value-Priced Plays
16 January 2008 - 8:12AM
PR Newswire (US)
EastBridge Investment Group CEO Keith Wong also talks about
investment banking opportunities in China NEW YORK, Jan. 15
/PRNewswire/ -- "The new year is off to a difficult start," as John
Buckingham, editor of the Prudent Speculator recently told Wall
Street Reporter, so why are there more stocks on his "buy" list
than ever? Arguing that "armageddon" is already priced into shares
of otherwise high- quality homebuilders, retailers, clothiers, and
even Internet companies, Buckingham now recommends over 260 stocks,
a record in the Prudent Speculator's 20-year history. "It's a
pretty good time for a long-term- oriented investor to be stepping
up to the plate." For more on what Buckingham thinks about battered
stocks like Nordstrom Inc. (NYSE:JWN), Phillips-Van Heusen Corp.
(NYSE:PVH), Steve Madden Ltd. (NASDAQ:SHOO), and United Online Inc.
(NASDAQ:UNTD), members of the investment community can listen to
his exclusive commentary at http://www.wallstreetreporter.com/.
Listeners can also subscribe to free podcasts on iTunes. And for
those pursuing a more growth-oriented strategy, among the hundreds
of other interviews from market gurus and corporate executives
archived at http://www.wallstreetreporter.com/, Keith Wong, chief
executive officer at EastBridge Investment Group (OTCBB: EBIG),
recently told Wall Street Reporter that Asia's booming economies
are still generating plenty of new opportunities. "All these Asian
companies will eventually become public companies in the United
States," he explains, noting that EastBridge's pre-IPO consulting
business has "performed exceedingly well so far" and is on track to
turn a profit of its own in 2008. Highlights of the interview: --
How bullish business conditions in China helped EastBridge take on
twice as many consulting clients last year as management expected.
-- Why the company will continue to collect equity in exchange for
its services in order to build a "substantial" portfolio of
strategic interests, especially in the energy, agriculture, and
property sectors. -- More detail on the value-added services
EastBridge provides client companies' shareholders, as well as the
value it is building for its own investors. Wall Street Reporter
(Est. 1843) is the premier source of investment information on
global small-cap public companies in high-growth sectors. Through
its magazines, special reports, website, and conferences, WSR
presents unique opportunities for discovering stocks before they
appear on the radar of Wall Street. Visitors to its website,
http://www.wallstreetreporter.com/, can listen to and view
exclusive audio and video from an extensive library of CEO
interviews, analyst roundtables, and conference webcast
presentations, as well as subscribe to WSR's "Smart Money Alert" --
a weekly update of stock picks and timely market insights from top
analysts and stock gurus. These interviews can be heard or
downloaded now at http://www.wallstreetreporter.com/. Listeners can
also subscribe to the free podcast via Apple iTunes. About
EastBridge Investment Group EastBridge Investment Group focuses on
small-to-medium high-growth companies in China and India offering
IPOs, joint ventures and merchant banking services. The company
targets industries in electronics, real estate, auto, metal,
energy, environmental, bioscience and food retail distribution.
Forward-Looking Statements Statements in this press release
relating to plans, strategies, economic performance and trends,
projections of results of specific activities or investments, and
other statements that are not descriptions of historical facts may
be forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Forward-looking information is inherently subject to
risks and uncertainties, and actual results could differ materially
from those currently anticipated due to a number of factors, which
include, but are not limited to, risk factors inherent in doing
business. Forward-looking statements may be identified by terms
such as "may," "will," "should," "could," "expects," "plans,"
"intends," "anticipates," "believes," "estimates," "predicts,"
"forecasts," "potential," or "continue," or similar terms or the
negative of these terms. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we
cannot guarantee future results, levels of activity, performance or
achievements. The company has no obligation to update these
forward-looking statements. DATASOURCE: Wall Street Reporter
CONTACT: Wall Street Reporter Magazine, +1-212-363-2600, ext. 1; or
EastBridge Investment Group, +1-480-966-2020, ext. 20 Web site:
http://www.wallstreetreporter.com/ http://www.ebigcorp.com/ Company
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