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?

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.