anime@gmail.com <anime...@gmail.com>

I did some homework on this one.  This stock is incredibly attractive.

CNTF (China Techfaith Wireless Communication)

2009 Q1 profit surge 157%
Source: http://www.chinaknowledge.com/Newswires/News_Detail.aspx?type=1&NewsI...

HSUPA data modem card into the U.S. market, with availability in the
second half of June. The data card will be sold through one of the
major U.S. wireless network operators.
source: http://pr-usa.net/index.php?option=com_content&task=view&id=219917&It...

+This stock is trading less than cash right now.  $97 million cash,
only 48 million shares afloat.

+it was trading at $18+ just a few years ago, the company is actually
making more money now.  Only in recession we get insane deals like
this.

Cash $97 million
Debt $1.21 million
Outstanding shares 43 million

Operating Revenue
2006 $80.80 million
2007 $143.44 million
2008 $208.85 million
2009 ?
Source: http://www.marketwatch.com/investing/stock/cntf/financials

Book value $4.43