John Zechner
Alliance Atlantis Communications Inc. (B)
AAC.B-T
TOP PICK
Jun 14, 2005
(A Top Pick Apr 6/05. Down a bit.) Last quarter they had a miss relative to expectations. When the pieces of this are added up, such as CSI, specialty broadcasts, etc. it is easily $40. Consolidation is coming in the sector and this company is more a target than a buyer.
(A Top Pick Feb 27/06. Up 26.5%.) Still likes. Could be an acquisition in the mix. Generating a fair amount of cash, buying back stock and reducing debt.
(A Top Pick Dec 1/06. Up 21%.) Takeover by CanWest (CGS-T). The review will take a little while and could run into the fall. He sold his holdings sometime back.