Beginner in need of some advice. As my first real form of investment I bought into Forbidden Technology. After the IBC 2003 the share price shot up. Any thoughts on the future of this stock?

You're right Haystack, it's pretty comical. Hands up anyone who can read the title in the final frame :-)

You can't even read it at 640x480 resolution. It is still postage stamp size.

This company has a market cap. of 46M and about 2.4M net asset value and almost no turnover (mind you the tiny turnover is not suprising)

just called in to ramp zoo digital who have just signed another deal with Universal pictures. Their dvd authoring system has been chosen to run the Who wants to be a millionaire dvd game about a month ago and have again signed a license deal and royalties for Interactive Championship Challenge, these are the first of a long list of games to be signed up before xmas because they developed the authoring system and just have to wait for the deals to roll in and consequently, after this, all the royalties. I'm getting a bit bored talking to myself on the zoo bb so could someone please spot the potential in these and increase the audience. Just have a look at the recent share price graph. Today has seen another nice rise with all past rises building support all the way with very little backsliding between announcements.

The thing with this company is that it is a long term investment. I have been following it for about 6 months, and admittedly after the IBC my shares nearly doubled, I sold around half of my shares and am now playing with profits.
I have seen the video systems get better every week, and as Forbbiden have promised a 2% improvement every week I think they are living up to that challenge.
As above you can see that they have a 46m pound market capital with a very low burn rate, so one positive aspect here, is that time is on their side.
The word on the street is that more companies ARE starting to look at Forbidden Technology as it needs no plug ins and by passes any firewalls, making it ideal for advertising, homepages, etc, although at present - SIZE does matter!!!!!. Only time will tell what it's niche market is. Is it doomed for small time or will the techonology keep improving and make this company a player?
I expect to hear some good things coming from this company, every announcement only pushes the stock price up. One big announcement could rocket this stock.
I for one am keeping what money I have left in this stock.
Will I regret selling my stock before for a misely 90% profit?
Will this stock rocket or are you guys correct MPEG 4 is the only way to go?

I have faith in this company as IDOS shot up from 60p a share to 60 pounds. perhaps Steven Streater can do it again?

Only time will tell. As always DYOR

To all forbidden tech holders
Goodluck

Mon 13th Oct, 2003
Travel Media Solutions
Travel Media Solutions has entered into an agreement with Indecorp Corporation, a world-wide hotel group, to use Forbiddens technology to enable customers to view video footage of hotels and resorts on their home or work computer.

Here is one of the announcements, lets hope for more!!!

debuwebu

You posted this above: -
"As above you can see that they have a 46m pound market capital with a very low burn rate, so one positive aspect here, is that time is on their side."

I think you misunderstand what market cap. is. It is just the number of shares in issue times the price of each share. That comes to 46m. Thta is the total worth of all the shares. It is a valuation of the company if you like by the market, right or wrong.

Thye actually have 2.6M in money left, this is their net asset value. The 2,6M is the cash that has to last. The markey cap. varies day to day as the shares go up and down.

You also posted this: -

"and as Forbbiden have promised a 2% improvement every week I think they are living up to that challenge."

Thye said that a few years ago now. DO you have any idea how much better their video pictures would have to be at an improvement of 2% a week for three years. It is only marginally better than it was three years ago.

Haystack,
Thanks for the correction.
as said before I am only playing with profits now, I understand that this stock is a voilatile one, but I do feel it is one worth holding on to.