http://www.northlakecapital.com/mediatalk/ ...brought to you by Steve Birenberg en-us steve@northlakecapital.com 2008-08-19T09:50:45-06:00 hourly 1 2000-01-01T12:00+00:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/08/19/summer_box_offi_7.html It's been awhile since I provided an update on the domestic summer box office. Relative to my initial expectations it continues to shape up well. Since the first weekend in May, Hollywood's official start to summer, the box office is... 1426@http://www.northlakecapital.com/mediatalk/ Box Office 2008-08-19T09:50:45-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/08/15/normalcy_accomp.html One of Northlake's biggest portfolio headaches is a lot better today. Pain relief came in the form of very solid quarter from American Apparel (APP). 2Q results were inline to a bit better than the few analyst estimates. Revenues of... 1425@http://www.northlakecapital.com/mediatalk/ eda 2008-08-15T15:03:04-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/08/13/the_credit_mark.html Today's New York Times had a good article explaining why the lending availability is drying up in the US. This is a very important point for the near-term market and economic outlook. Our economy requires easily available credit to function... 1423@http://www.northlakecapital.com/mediatalk/ Stock Market 2008-08-13T09:50:48-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/08/06/new_purchase_ti.html Following completion of Time Warner's 2Q08 conference call I purchased the stock widely across the Northlake client base and in my personal accounts. The purchase is based on my new, more bullish view of the company's prospects over the next... 1421@http://www.northlakecapital.com/mediatalk/ TWX 2008-08-06T16:38:30-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/08/06/the_dream_is_ov.html I sold all client and personal positions in Dreamworks Animation (DWA) on Tuesday after it had rebounded from overzealous selling following its own 2Q08 report. The sale of DWA was a result of my trading thesis falling apart when the... 1422@http://www.northlakecapital.com/mediatalk/ DWA 2008-08-06T15:42:37-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/08/02/why_is_cetv_str.html Central European Media Enterprises (CETV) remains my favorite media stock for all time horizons. Despite my enthusiasm the shares have performed poorly this year. Although, within the media stock universe, the 20% drop since June is not unusual. Neither is... 1420@http://www.northlakecapital.com/mediatalk/ CETV 2008-08-02T14:32:44-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/08/02/agust_2008_mode.html Once again there were no changes to Northlake's monthly Market Cap and Style models. The Market Cap signal remains mid cap and the Style signal remains growth. As a result, Northlake continues to own the S&P 400 (MDY) and the... 1419@http://www.northlakecapital.com/mediatalk/ Models 2008-08-02T14:31:20-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/07/31/good_results_ba.html I am working a longer comment on CETV, probably to be posted on Monday, but given the crazy trading following yesterday's earnings report and conference call I wanted to offer some brief insights. The quarter was good, better than consensus... 1415@http://www.northlakecapital.com/mediatalk/ CETV 2008-07-31T08:51:43-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/07/30/dreamworks_thes.html My thesis on Dreamworks Animation fell apart when the company reported 2Q results after the close on Tuesday. While I understand the 10% decline in the stock, I think it is overdone and actually leaves value in the shares ahead... 1413@http://www.northlakecapital.com/mediatalk/ DWA 2008-07-30T16:19:13-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/07/30/headwinds_incre.html I began to sell Northlake's position in Rogers Communications last week ahead of its earnings report. I thought the report would be OK but given growing signs of slowing growth in wireless worldwide, I thought there might be some downside... 1414@http://www.northlakecapital.com/mediatalk/ RG 2008-07-30T10:21:51-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/07/23/nii_comes_throu.html What a difference a day makes! After Tuesday brought nothing but bad news for wireless investors, NII Holdings (NIHD) reminded us that there can still be winners in the group. NIHD jumped almost 8% at the open and built on... 1412@http://www.northlakecapital.com/mediatalk/ NIHD 2008-07-23T15:12:00-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/07/22/apple_guidance.html Listed below is my live commentary which was posted on RealMoney.com from last night on Apple from before and during the conference call. Without reviewing analyst commentary from the morning after I'd add a couple of things. On September quarter... 1411@http://www.northlakecapital.com/mediatalk/ AAPL 2008-07-22T09:54:01-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/07/21/batman_saves_go.html It's been kind of hard to miss the news on the record breaking opening of The Dark Knight but I'll try to put my usual Wall Street spin on the numbers. The Dark Knight's $155.4 million is the best ever... 1405@http://www.northlakecapital.com/mediatalk/ Box Office 2008-07-21T11:56:11-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/07/21/apple_reports_t.html I expect less positive surprise than usual for Apple when they report June quarter earnings tonight. But barring a major blowout or an unexpected miss, it is the guidance for the next quarter that will determine the immediate action in... 1399@http://www.northlakecapital.com/mediatalk/ AAPL 2008-07-21T08:19:08-06:00 http://www.northlakecapital.com/clients/mediatalk/archives/2008/07/18/time_warenr_fin.html Time Warner shares have enjoyed an above average 9% rebound over the past two days since reports surfaced that the company appears to be more aggressively seeking a new ownership arrangement for AOL. While the NY Times threw water on... 1401@http://www.northlakecapital.com/mediatalk/ TWX 2008-07-18T10:49:25-06:00