Motorola (MOT) shares have traded down about 9% since reporting fourth quarter earnings after the close on Tuesday after the market closed. The quarter was excellent, but there were just enough issues to cause a still skeptical Wall Street to sell the shares. I think the reaction is wrong and still believe the shares belong […]
Despite the fantastic performance of shares of Apple Computer, including today’s big run-up on the company’s outstanding fourth quarter earnings results, I believe the opportunity for substantial further gains exist. Consequently, client portfolios purchased a trading position in Apple shares (AAPL) after some of the morning enthusiasm wore off. The investment thesis is that the […]
Recently purchased positions in Central European Media Enterprises (CETV) were sold on Friday at a small loss due to uncertainty over the political situation in Ukraine. The concern is solely short-term as CETV’s long-term opportunity as the leading TV broadcaster in rapidly growing Central and Eastern Europe is an extremely worthwhile investment thesis….
On November 15, all shares of Lucent Technologies purcahsed for Northlake clients on October 19, 2004 were sold at $4.05. The shares were purchased as a trading idea at $3.55. The idea behinds the trade was to…..
Northlake’s latest purchase on behalf of clients, SBS Broadcasting, reported third quarter EPS yesterday. The results were basically in line with estimates and the company reiterated its 2004 guidance….
Yesterday, Northlake purchased SBS Broadcasting (SBTV) for clients. SBTV is a U.S. company with an American CEO, although the company receives 100% of its revenue in Europe where it is one of the leading television and radio broadcasters. In 2004, revenue is estimated at
Northlake is buing Lucent Technologies shares for clients. Our investment thesis closely on LU closely tracks our view of Motorola: Both companies botched things badly and lost market share and competitive position. Both also have changed management and shown several quarters of improved results that have been greeted with skepticism. In general, I look for […]
MOT reported earnings on Tuesday 10/19 after the close. Although I thought the quarter was fine and the fourth quarter outlook solid, the shares took a beating in Wednesday’s trading. The Street still is giving MOT no respect despite what is now three straight good quarters. I’ll be buying MOT shares for clients over the […]
Central European Media Enterprises is ringing the opening bell at the NASDAQ today to celebrate the 10th anniversary of is stock listing. CETV is a unique play on the development of Central and Eastern Europe economies. Below are excerpts from comments by Ronald Lauder and Michael Garin, CETV’s most senior executives. These comments succinctly capture […]
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