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Weekly Guru Bargains Highlights: Atheros Communications Inc, CommScope Inc, Central European Media Enterprises Ltd, Collective Brands

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guruyt

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Last week's top five guru bargain stocks were Atheros Communications Inc, CommScope Inc, Central European Media Enterprises Ltd, and COLLECTIVE BRANDS. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Atheros Communications Inc. (ATHR): Down 26% Since RS Investment Management Bought In the Quarter Ended on 2010-03-31

RS Investment Management added to his holdings in Semiconductors company Atheros Communications Inc. by 22.1% during the quarter ended 03/31/2010. The firm owned 328,940 shares of as of 03/31/2010. Atheros Communications, Inc. develops semiconductor solutions for secure wireless local area networks. Atheros Communications Inc. has a market cap of $1.85 billion; its shares were traded at around $26.44 with a P/E ratio of 17.7 and P/S ratio of 3.4. Atheros Communications Inc. had an annual average earning growth of 25.6% over the past 5 years.

ATHR recently reported its second quarter results. Revenue in the second quarter of 2010 was a record $238.2 million, up 11 percent compared to $214.7 million reported in the first quarter of 2010. Second quarter 2010 revenue increased 112 percent compared to $112.2 million reported in the second quarter of 2009.

George Soros owns 6,600 shares as of 03/31/2010, a decrease of 88.62% of from the previous quarter. This position accounts for less than 0.01% of the $6.73 billion portfolio of Soros Fund Management LLC. Richard Perry sold out his holdings in the quarter that ended on 03/31/2010.

Sell: President and CEO Craig H Barratt sold 106,500 shares of ATHR stock on 05/10/2010 at the average price of 36.4. Craig H Barratt owns at least 246,713 shares after this. The price of the stock has decreased by 27.36% since. Other insiders have also decreased their positions in the company.

DryShips Inc. (DRYS): Down 23% Since Pioneer Investments Bought In the Quarter Ended on 2010-03-31

Pioneer Investments added to his holdings in Marine Transportation company DryShips Inc. by 27.79% during the quarter ended 03/31/2010. The firm owned 2,299,200 shares of as of 03/31/2010. Dryships Inc., based in Greece, is an owner and operator of drybulk carriers that operate worldwide. Dryships Inc. has a market cap of $1.28 billion; its shares were traded at around $4.51 with a P/E ratio of 4.6 and P/S ratio of 1.5.

For the second quarter of 2010, the Company reported net income of $8.7 million, or $0.02 basic

and diluted earnings per share. Included in the second quarter 2010 results are various items,

totaling $71.7 million, or $0.28 per share which are described below. Excluding these items, net

income amounted to $80.4 million or $0.30 per share.

George Soros owns 23,900 shares as of 03/31/2010, which accounts for less than 0.01% of the $6.73 billion portfolio of Soros Fund Management LLC.

CommScope Inc. (CTV): Down 26% Since George Soros Bought In the Quarter Ended on 2010-03-31

George Soros added to his holdings in Telecommunications Equipment company CommScope Inc. by 9349.65% during the quarter ended 03/31/2010. He owned 1,748,185 shares of as of 03/31/2010. Commscope Inc. is a world leader in infrastructure solutions for communication networks. Commscope Inc. has a market cap of $1.92 billion; its shares were traded at around $20.34 with a P/E ratio of 9.8 and P/S ratio of 0.7. Commscope Inc. had an annual average earning growth of 14% over the past 10 years.

CTV recently reported its second quarter results. The company reported sales of $838.1 million and net income of $44.2 million, or $0.43 of earnings per diluted share, for the quarter ended June 30, 2010.

George Soros owns 1,748,185 shares as of 03/31/2010, an increase of 9349.65% from the previous quarter. This position accounts for 0.73% of the $6.73 billion portfolio of Soros Fund Management LLC. Robert Olstein owns 429,000 shares as of 03/31/2010, which accounts for 2.13% of the $564 million portfolio of Olstein Financial Alert Fund. David Dreman owns 1,115,767 shares as of 03/31/2010, which accounts for 0.74% of the $4.24 billion portfolio of Dreman Value Management. David Williams owns 2,900,000 shares as of 06/30/2010, which accounts for 1.19% of the $5.8 billion portfolio of Columbia Value and Restructuring Fund.

Sell: EVP & CFO Jearld L Leonhardt sold 12,500 shares of CTV stock on 07/08/2010 at the average price of 24.39. Jearld L Leonhardt owns at least 77,619 shares after this. The price of the stock has decreased by 16.61% since. Other insiders have also decreased their positions in the company.

Central European Media Enterprises Ltd. (CETV): Down 24% Since Jim Simons Bought In the Quarter Ended on 2010-03-31

Jim Simons initiated holdings in Broadcasting & Entertainment company Central European Media Enterprises Ltd. during the quarter ended 03/31/2010. He owned 83,054 shares of as of 03/31/2010. Central European Media Enterprises Ltd. Is involved in the Media and Advertising Industry. Central European Media Enterprises Ltd. has a market cap of $1.37 billion; its shares were traded at around $21.5 with and P/S ratio of 2.

Buy: President & CEO Adrian Sarbu bought 2,000 shares of CETV stock on 06/14/2010 at the average price of 20.69. Adrian Sarbu owns at least 3,000,000 shares after this. The price of the stock has increased by 3.91% since. There are mixed trades from other insiders.

COLLECTIVE BRANDS (PSS): Down 26% Since Steven Cohen Bought In the Quarter Ended on 2010-03-31

Steven Cohen added to his holdings in Apparel Retailers company COLLECTIVE BRANDS by 889.15% during the quarter ended 03/31/2010. He owned 159,639 shares of as of 03/31/2010. Payless ShoeSource, Inc. is the largest specialty family footwear retailer in the Western Hemisphere, dedicated to democratizing fashion and design in footwear and accessories and inspiring fun, fashion possibilities for the family at a great value. Collective Brands has a market cap of $1.04 billion; its shares were traded at around $16.02 with a P/E ratio of 10.3 and P/S ratio of 0.3.

First quarter 2010 net earnings attributable to Collective Brands, Inc. were $54.2 million, or $0.83 per diluted share, compared to $38.0 million, or $0.59 per diluted share, in the first quarter of 2009.

Kenneth Fisher bought 158,557 shares in the quarter that ended on 03/31/2010, which is 0.01% of the $33.01 billion portfolio of Fisher Asset Management, LLC. Robert Olstein owns 430,000 shares as of 03/31/2010, an increase of 42.38% from the previous quarter. This position accounts for 1.73% of the $564 million portfolio of Olstein Financial Alert Fund.

Sell: Chairman, CEO and President Matthew E Rubel sold 230,300 shares of PSS stock on 04/27/2010 at the average price of 26.22. Matthew E Rubel owns at least 339,675 shares after this. The price of the stock has decreased by 38.9% since.


Rating: 4.0/5 (2 votes)

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