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??

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.

BLNX look set to drop to 15p...still too dear in this market now.

YUK!

definitely yuk!! long term however brave holders should get rewarded as it operates in a fast growing market and may get taken over---that's my excuse for staying in--not brave enough to add though but that's probably what I should do.

for my sins, i have them too, but certainly no good reason to add .... that would be falling knife syndrome

I must admit to having sold at 29p, when it looked shaky - albeit at a slight loss. Have bought back in today though as I'm not sure it's going to drop much further (famous last words).

tau, well reasoned reply. . . except I think you are wrong.
A paatent is only worth what you can afford to protect it. In the case of Blinkx I'm not sure of their millions they managed to get from London AIM investors, but it wasn't a fortune and early-investors probably took the cash.

The big players will be Microsoft, Google, Yahoo and a few more . . . they have billions of dollars and can buy Blinkx even before the float if they wanted to.


Not sure about the web-3 you mention.

The Web is in need of serious reform and that would need to be done at international level. There are concerns over content and copyright as well as security - it seems quite ridiculous that small terror groups can use the internet to organise their activities usinig what was intended to be a social and educational link.
Whilst it is true that most search-engines are fairly poor, that is because of the way we interact with the computer. Considering the power of modern PC's they are pretty dumb when you think that a 5-year old would querey the (badly written) address on a letter they were asked to deliver....yet a computer should still regarded as an open-door when it comes to hacking, phishing and other illegal acts upon your personal data.

Many open-source programs merely ape the originals, perhaps in the belief that up-take is more important than doing the job better.

If the internet changed significantly, would Blinkx's patents still hold true. . . . and has anyone (here) seen them?

I'm not sure what the fresh excitement is about Blinkx and TV - or is this internet-based TV? Either way I'm not convinced thss is a wise investment for three reasons:
1) Small % floatation - so PI's don't own much
2) Abilty to protect patents has yet to be proved
3) I doubt that folk will pay much, if anything for the service.

On the last point - anyone (here) actually paying Blinkx to use this "must-have" technology? Form a neat queue, please.

+ Finally, WB said he never invest in anything he doesn't understand....that goes for me also.

18p - still dropping by 10%

cut my losses this morning .... another dopey investment of mine

15p looks a good place to buy 1/3rd of float price!

10p more likely

I must admit that I sold again the day after I bought back in - and I'm glad I did or I'd have lost a lot more! Guess this won't go anywhere (but down) until it can make a profit.

good girl ..... tough discipline, but very necessary in these markets

Still going down - 16.75p now

hlyeo

I think 10p is cash level so yes thats also a good target, i will buy a chunk at 15p then if we get to 10p then buy another chunk, hold then for 2 years and see if they make it.