Date updated:05-30-2007
Media and Telecom stocks from a veteran portfolio manager and media analyst. Each stock offers 20% upside over the next six to twelve months. Target prices based on enterprise value to EBITDA, sum of the parts, and/or free cash flow valuation.

-
AAPL
Apple Inc. - $194.34
- +0.16%
- $193.00
The only mega cap stock offering consistent 20% plus growth.

-
CDL
N/a - $0.22
- 0.00
- $0.22
Highly leveraged radio company offering high dividend and gradual deleveraging.

-
CETV
Central European - $26.85
- 0.00%
- $N/A
The best growth story in media. Owner of leading TV stations throughout Central and Eastern Europe provides great exposure to emerging consumer economies in the region.

-
CMCSA
Comcast Corporati - $14.59
- +2.75%
- $14.24
Current sour sentiment misplaced as company is poised for several years of mid-teens growth in operating cash flow and expanding free cash flow.

-
DIS
Walt Disney-disne - $28.56
- -1.52%
- $28.79
Still firing on all cylinders as the cable networks, theme parks, and ABC are each producing consistent growth.

-
NIHD
Nii Holdings - $27.82
- +0.07%
- $27.56
Leading cellular company in Mexico, Brazil, Argentina, Peru, and Chile providing Nextel service. Growth poised to accelerate due to winddown of network expansion in Mexico and Brazil.

-
NWS
News Corporation - $14.15
- +0.28%
- $14.00
Cable networks, international satellite operations, and MySpace will drive mutliyear double digit growth. Prefer non-voting NWS.a shares.

-
RGC
Regal Entertainme - $12.30
- -3.07%
- $12.70
Leading movie theatre owner offers current yield over 5% as box office produces second consecutive year of strong growth. 3-D and in theatre advertising provide incremntal upside.
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A. The only one I own : SLX,
too hard pick a winner out all of them
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