Focus Media Holding (FMCN)

Has 70,000 LCD screens perched around urban areas in China and they play advertising. Stock has dropped and he thinks the Chinese market is under pressure at this moment. Expects there will be some kind of rally coming into the Olympics.

They report tomorrow, the company has been historically very volatile before their earnings report. High beta company. Not expecting any problems. Biggest internet advertising company in China. Not too expensive with basically a monopoly in the country.

(A Top Pick Jan 8/07. Up 16.6%.) Has 45,000 digital displays throughout China. The #1 digital advertising company in China, growing at over 100%. Still a Buy. He got stopped out in August.

A China play for media advertising. Broke through a downtrend line in October and has made a healthy zigzag up pattern. Looks like it is starting to break out. Buying now would be little riskier because of the big up trend today.

They owned 74,000 LCD screens that are peppered through urban China and are used for advertising. Growth rate is accelerating. Trades at about 24 X earnings. Coming up towards the 2008 Olympics. Very high margins on the advertising space.