Move over ZOO it is ITU's turn at the wheel of fortune.

WHY THE SUDDEN INTEREST

ITU have got the deal to download polyphonic ringtones..........or rather they are the only UK company to do them for 1.00 flat rate. The company they bought to do this, Movilisto, did 60 mill downloads in their first year in Spain. ITU think they will trashthis in the UK.
It was announced yesterday morning on the radio 5 business section by some annalyst that ringtones will soon be more profitable than mobiles themselves and that ITU are at the forefront of this. They also do Big brother stuff and Fame accademy phone voting. They were tipped in the Sharesmagazine Blue sky Portfolio to be a 'ten-bagger' ie could rise by ten times.
I bought at 20p and am happy now.........think we could cruise much much higher though in the lead up to results which will show how many downloads kids are buying. For each download ITU gets 50p, EMI gets 40p and the phone company gets 10p.....its a sure winner.
Already they get 50,000 downloads just for 20sec adverts on the sunday showing of hollyoaks, and the outlay for ITU is only the advertising.
This tock is set to soar during the next 6 months.....up 9% today now.

THANKS FOR THE INFO JAMBOREE. SOUNDS PROMISING TO ME. I HAVE BOUGHT ITU AT 26.7 AT 50 POUNDS A POINT WITH CITYINDEX SPREAD BETTING. CLOSING DATE ON THE 16 OF SEPTEMBER. WITH THE RESULTS COMING OUT ON THE 9th I THINK IT IS, WHAT CAN I EXPECT FROM THE GOOD OR BAD RESULTS.

bought some at 30p I had heard about them lets hope that they keep on going up... mobile phone ring tomes are the way to go as most people dont know if its their phone ringing or someone elses. Good ideas make money dont they.

Think you might make a tidy profit danny. The results are reasonably unimportant regarding profits etc as ITU have been making a loss for some time as they have been making acuisitions left right and centre. I think everyone will be looking to see how well the downloading of the tones is taking off.
They have not rolled out a full advert campaign yet but we will still get an idea of what sort of take-up there is vis a vis their advertising.
I would assume as more people cotton onto its possibilities in the run-up to results there will be a significant move up. The company is still undervalued compared to its peers and if the downloads take-off then the sky is the limit.
Having spoken to the company they are of the opinion that kids will sell alot of the tones themselves by giving friends the number at school etc. Iknow that one of my friends kids thought it was really cool and changes her own ringtones all the time to keep ahead of her friends. I think that with it only being 1 instead of 4-5 kids will spend more downloading the latest teenybands day-in day-out.
The stock has bounced out of its trading range and hit a new high for the season on good volume. I dont think 45 pence is too much by september.