ITV (formerly Granada and Carlton)

Optomistic, I'm not suggesting you sell, apologies if you read it that way, but I wouldn't be a buyer at this level as I believe there will be a fall back on a poor Christmas viewing announcement.

I think 100p or thereabouts is probably the bottom without catastrophic news but I agree at some point thereafter, bid talk will push it back to the 130p mark. I just can't see what's going to drive it above that other than an offer so longer term I just think there are better opportunities.

All a matter of opinion though.