I got some free shares in this one and also topped up on the profit taking. It's been all downhill so far but I feel this one could take off very quickly or be gobbled up by one of the giants. Anyone else joining in the wait and see brigade??

It seems to me,judging by yesterdays upbeat forecast on results,that the big thing going for Blinx is the prospects of online television.
I think that this opens up a whole new ball game,where the prospects must be huge!

bought heavily into BLNX yesterday and some more today.

big things round the corner... rumour of possible Microsoft bid in papers today

theres also this from a while ago

http://money.cnn.com/galleries/2007/biz2/0708/gallery.next_disruptors.biz2/index.html

Thanks Dynamix. I got back into BLNX again yesterday, too - on the basis of the imminent results. But I've also thought that they could be a target for Google, so it's interesting to see your comment re possible Microsoft bid - which paper was it?

From what I've read Blinkx' technology is ahead of the game, and the fact that few of us are actually using it at present doesn't actually mean it's entirely redundant! (I was publishing books on home computing in the early 80s, when most people couldn't even imagine wanting to have their own, let alone one for the kids' homework!)

it was just a comment from a reuters news piece on a round up of yesterdays rising shares..

heres an original article from earlier this year.. shows the speculation re Microsoft has been doing the rounds for a while.. I was told by someone Virgin Media had been alerted to it, dont know how much truth was in that though...

Yesterday's trading: Microsoft eyes Blinkx
Geoff Foster, Daily Mail
9 May 2007, 7:26am
Doctor Mike Lynch was Britain's first software billionaire. His beloved Autonomy flirted with the Footsie during the dotcom boom before falling dramatically out of bed, along with many other techno high-fliers, when the bubble burst in March 2001.

It took some time for him and the company to recover but the shares have doubled since January 2006. Sold down yesterday to 732p at the outset, they rallied strongly to touch 827p and close 34p higher at a 800p amid rumours that US computer giant Microsoft could bid for its Blinkx consumer division before it gets demerged and floated on Aim later this month.
Autonomy's management believe Blinkx has huge potential. It has a way to index and search for videos on the web or on a network using video indexing. Industry sources believe it could be better than YouTube. On flotation, Lynch's investors will own 80% of the business, with Blinkx management and Autonomy sharing the rest. Ordinary shareholders are to be offered one free Blinkx share for every Autonomy share they own.

Thanks Dynamix. I had seen that article - thought you meant you'd read something new today. Anyway, still useful here for those who missed it back in May.

Apparently The Independent had a 'buy' advice on Blinkx today but I haven't seen a copy. If anyone here happens to have read it, could you possibly let us know what it says?

Yes it has been mentioned today.. I was refering to where the rumours probably originated

see "this is money" link.. goto bottom of article..

http://www.thisismoney.co.uk/investing-and-markets/tips-and-tactics/article.html?in_article_id=424940&in_page_id=23&ct=5

Many thanks Dynamix. Below is the mention in yesterday's Independent, which I've now located:

Blinkx was spun out of Autonomy and listed on Aim back in May. Despite signing up a slew of high-profile customers for its video search platform, including AOL and Ask.com, the shares have slipped to below 30p compared to a float price of 45p. Yet Blinkx expects its first-half results to beat analysts' forecasts as demand for online video continues to grow 'extremely rapidly'. Another growth avenue is its new video-based advertising system AdHoc, which it hopes will have a similar growth profile to that of Google's dominant AdSense platform. Blinkx's valuation rests on its potential and confidence that it can execute its strategy. It has got off to a great start and a 13% rise in its shares yesterday shows there is appetite for a good news story in UK technology. Buy

There has been a breathtaking number of positive announcements of new business lately- presumably the benefits of this growth will start to appear in the current financial year. The goal.com deal looks exciting given the worldwide interest in football. Anyone any ideas what these deals mean in ?

Results due very soon after a positive trading update recently. One of the giants must surely be looking closely at snapping them up as well although Au. has kept a very large stake.

Another good deal announced I see. Looks good for the current year.

Results due next week, hence the upward move in anticipation. The huge sum paid by Google for a small slice of Facebook might benefit too.

The results look promising,beating all expectations,but judging by the drop in the share price,the market is not too impressed.

From The Times today:

"... Analysts at Citigroup said that investors had failed to understand the company, which is a key beneficiary from burgeoing video search and advertising. The bank gives an 80p target price."

I certainly agree with the first part of the quote, and look forward to the second!

BLNX floated this summer at above 60p - it's now half-price. A bargain in my view (but that's just mho).

Toya: Think you will find that float price was 45p. Regards.

the h part of mho and cynic do not sit comfortably together!

Annie38: sorry if I got it wrong. I was in a hurry to get the snippet on for people to read if they were interested first thing this morning, and just referred to the graph on this website. From memory, I do recall that it went up quite rapidly on the first day of dealing.

Snippet from investor's chronicle
Blinkx boosted by video search growth

Created:
30 October 2007
Written by:
Stephen Gunnion

Web-based video searching is growing in popularity and Blinkx's unique technology - which uses speech recognition and video analysis to catalogue and find video - is much in demand. Indeed, since Blinkx was spun-off from Autonomy in May, searches using its technology have increased 280 per cent to an average 4.2m worldwide a day.

Advertising

So, first-half sales at the video search engine unit - which are earned primarily through advertising revenue - were 23 per cent ahead of the most optimistic analyst's forecast. The online video advertising market is estimated to reach $4.3bn by 2011 and Blinkx's chief executive, Suranga Chandratillake, says Blinkx is well-placed to benefit.

Pre-tax losses include $11.5m (5.6m) in demerger and flotation costs - Blinkx actually raised $50m from May's flotation and $43m is still available to fund growth. Hiring additional sales and marketing personnel will be a key focus, says Mr Chandratillake. And high profile new syndication customers include Ask.com, InfoSpace and RealNetworks. The group has also introduced native language search capabilities for France, Germany and Spain, making it the first video search engine player to address the western European market.

Blinkx in sunday telegraph 4th Nov...

Blinkx and you\'ll miss it

Shares in Blinkx (29.5p), the video search engine, took a pounding last week after its maiden results showed up bigger than expected losses. The market\'s problem seems to have stemmed from the fact that it spent about 5.5m in fees on its listing which does seem a little steep.

Revenues were $3m (1.5m), 23 per cent higher than the most optimistic analyst forecast, but operating losses were $2.3m.

Financially, Blinkx doesn\'t quite make sense yet. But its technology is good, as evidenced by a steady stream of partnership deals. It had done 130 content deals at the time of its IPO in May now it has 225 on its books.

Its core video search technology is the key. It allows advertisers to target consumers, based on the video clips they are watching. The likes of Google and Yahoo have nothing like this.

We advised readers to look at Blinkx back in July, since when the shares have dropped almost 30 per cent. As we said at the time, Blinkx, like all early stage technology companies, is a high risk investment. It is likely to be either a soaraway success or a total failure.

Analysts at Citi last week urged investors to look past the short-term issues and look at company\'s steady operational progress. Citi, the company\'s house broker, also increased its forecasts, projecting profitability in 2010 rather than 2011.

If you bought on our last recommendation, hang on in there. Blinkx is still worth a look as a highly speculative bet on new internet technology.

Many thanks for the info Mark. I think I might top up if the price drops further. As the above says: early-stage tech companies are high risk, but with Blinkx I still believe they have the technology of the future.

also this from FT
Blinkx to develop online TV service
By Andrew Edgecliffe-Johnson

Published: November 6 2007 02:00 | Last updated: November 6 2007 02:00

Blinkx is planning to develop its own online television service, entering the broadband video market in competition with mainstream broadcasters and well-funded start-ups such as Joost and Babelgum.

The Aim-listed video search group, spun off from Autonomy in May, announced last week that it had become the world’s biggest video search engine, with 4.2m daily searches of the 18m hours of online broadcast content it has indexed.

EDITOR’S CHOICE
Music videos become hits all over again - Oct-10
Music videos, only recently seen as a dying art, have helped propel YouTube to internet stardom
Google changes tack in media universe - Oct-10MySpace videos ‘most watched’ - Sep-28Warner to open video library to YouTube - Sep-18Apple, NBC stake digital video claim - Sep-12Wal-Mart sets stage for digital action - Sep-12Suranga Chandratillake, chief executive, told the Financial Times that Blinkx Broadband TV would launch by the end of its financial year in March.

The service, using peer-to-peer streaming technology, would work with content partners on specialist areas such as a health channel that would group together programmes on fitness, yoga and healthy eating.

The focus on such specialisms would allow for more targeted advertising, said Mr Chandratillake, a computer scientist who worked as Autonomy’s chief technology officer in California before the Blinkx flotation.

It would target neither the top end of professional broadcast content nor the mass of user-generated content available on sites such as YouTube and DailyMotion. “What we really like is the middle tier of content,” he said, voicing doubt about advertisers’ appetite for appearing alongside amateur video.

Blinkx, which raised $50m (£24m) in its initial public offering, believes its technology, which analyses video and profiles customers according to their searches, makes it more relevant to advertisers than search engines based on sometimes misleading ‘tagging’.

Having indexed an estimated two-thirds of the video available online, it has signed 225 content partners, including Fox and NBC, the US networks that last week broke away from the Google-owned YouTube to launch Hulu.com, their own online video site.

Mr Chandratillake said larger partners could command a 75 per cent share of advertising revenues generated through Blinkx.