Metalink Ltd (MTLK)

[midastouch017]

< tomorrow should be a nice day for MTLK longs. >

You mean was, Aiming :)
This article is dated March 20th.
The PR was issued at the 19th,

http://biz.yahoo.com/prnews/070319/uksu003.html?.v=19

See the volume and share price development since,
coupled with much higher than average volume.

http://finance.yahoo.com/q/bc?s=MTLK&t=6m&l=on&z=m&q=l&c=

I am also encouraged by these figures:

Major Holders Get Major Holders for:

BREAKDOWN

% of Shares Held by All Insider and 5% Owners: 55%
% of Shares Held by Institutional & Mutual Fund Owners: 9%
% of Float Held by Institutional & Mutual Fund Owners: 21%
Number of Institutions Holding Shares: 11

http://finance.yahoo.com/q/mh?s=MTLK

As to your >>Do you know if this is meant to transmit live television, or is the idea that the content will be downloaded to the PC>> I do not truely researched the subject
yet, this passage sheds some light though:
>>Samsung's set-top box will use Metalink's wireless chips to receive IPTV content downloaded on to home computers, which will then be encoded with STM's chips and transmitted by cable on to television screens. >>

I have dipped in with my toe, at $ 6.60 level.
It is within my intentions to build a position in this company
(dually traded, btw) pending further research.

Regards,

Dubi