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??

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.

this is excellent - interview on ABC news.....
current price fall frustrating....but linkedto wider market downturn

http://abcnews.go.com/Video/playerIndex?id=2747389

good blinkx discussion bd on iii.co.uk

Many thanks Mark!

I think stocks should be considered like "Art" - only buy what you like, since it may go down in value....
The whole basis of this stock is the watching of video-clips and I remind others that only a small amount of the company was floated - so your investment represents a very small amount of the whole and yr voting rights are almost nil.
Furthermore this is a US-stock and knowing how keen they are on "start-ups" I cannot understand why they wanted to come to London for their money - so I'm not in yet until I can see which way it's going.
I'm not convinced by the Meta-tag arguement, since I understand they are no-longer used, having been hijacked by programmers attempting to raise their search-engine listing. Sites like Google look at the traffic and the number of links, on the basis that a serious website will be part of an active network.....however, it won't be long before programmers buy block-sites so as to pitch-in plenty of links. I suspect that is why (looking at traffic and time-spent, etc.) is a far better guide to the relevance of a site.
It might be that Microsoft would buy them out ( they've got enough cash!), however, it would be easy enough for MS to re-invent the techniques used. Only when Blinkx is a "must watch" site would anyone be interested in their customer-base, is my take.
Since Microsoft "knows" just about everyone that's OnLine, I doubt they really need a few more. At least for now, IMHO.

I was talking to a friend of mine who works in online publishing recently about the development of new web technologies and, more specifically, the emergence of Web 3.0 or 'The Semantic Web'. Not being particularly well-informed about web developments it was explained to me that the current system (Web 2.0) of text and data will most probably be superseeded by a system able to, for example, comprehend the exact question set to it in a web search and return a highly accurate, personal and conscious response to your search query. The result of this conversation made me realise just how primitive, and potentially obsolete, the current Google system of text-based and meta tag searches could be. It also triggered memories of a Citi note about a small company that used semantic language searches but was apparently yet to be fully understood by the city. After digging around trying to educate myself of the future of this current and seemingly very young web I couldn't help think that Blinkx has patented its search facility and that, even as it currently stands would be one of very few tech companies able to morph into this 'semantic web'. If one of the big search engines were to buy out Blinx it may be more for their patented technology than the viewer base that they have accrued. They may only have a small piece of advanced search technology but it is certainly going to be one that Youtube would like to get its hands on if only to aid with song lyric searching and relieve time consuming meta-tagging. All IMHO. I don't yet hold shares.