Wake me when the Sub-Prime nightmares over

Outside advertising, online games and information storage, those are the pursuits of the three companies we added to our portfolios this week. Two are China theme companies and one is an US based Technology play, and all three are growing sales and earnings like crazy. [1] Focus Media (Ticker: FMCN) is the dominant leader in new media in China. New media means banks of LCD screens in high traffic areas. Focus Media has $226 million in cash, no debt and grew earnings by 73% year over year in the latest quarter. [2] EMC Corp. (Ticker: EMC) besides being a huge 41.9 Billion market cap company and growing at earnings at 19.80% year over year in the latest quarter, is a proxy play on the spin-off company VMware Inc. of which EMC still retains 87%. VMware Inc. is expected to grow revenue by 60% annually for the next three years. Investors have driven its stock price up over 40% since the initial public offering two weeks ago. [3] The9 Limited (Ticker: NCTY) engages in the development and operation of on-line games in China. The company is expected to announce earnings this week. Last quarter they grew earnings by 12.40% (year over year) but revenue grew 27.30% year over year. The company’s stock has taken a hit lately, trading at $38 and change, down from a high of $52 in July. This could be an interesting week.