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May 03, 2006
Cramer Mentions NTL and Yours Truly
Jim Cramer mentioned NTL Incorporated (NTLI) bullishly last night on Mad Money, including a mention of my analysis on StreetInsight.com that is also posted here.
With Cramer putting the stock in the news, I wanted to mention that the company recently announced it will report before the open next Tuesday, May 9. Additionally, at least one analyst has mentioned the possibility that the results of round-two bidding for Premier League soccer rights could be announced before NTL reports. Both of these events could move NTLI shares.
Finally, BSkyB reported this morning, and subscriber additions were at the low end of analyst estimates. Churn was also worse than analyst expectations. I am not sure if there is any impact over to NTLI as Freeview is the share gainer in U.K. multichannel television. My bullishness on NTLI is based on cost savings, free cash flow and potential private equity interest. Growth in revenue and subscribers will be quite modest.
Posted by Steve Birenberg at May 3, 2006 02:35 PM in NTLI
Congratulations Steve!
I happened to be watching "Mad Money" that night (which I rarely do, although I find Jim Cramer entertaining, I can only stand small doses). Lo and behold, he mentions you and your insights on NTLI !
Nice going, it's nice to see our favorite money manager get some well-deserved publicity. Keep up the good work.
Paul
Posted by: Paul Mokdessi at May 8, 2006 12:42 PMThanks, Paul. I email now and again with Cramer whenever he is talkng aabout a stock I follow. He usually responds with an encouraging comment. Despite his sometimes bombastic behavoir, he is a good guy and I think he does most investors a service by telling them how the street really works as opposed to the condescending crap lots of the folks who appear on CNBC offer. Glad you cuaght the show. I missed it but I think I have a friend with a tape.
Posted by: Steve at May 8, 2006 01:09 PM