Rhythmone PLC (fka BLNKF)

[plfminthemiddle]

Cash rich, Blink.com has a similar expansion model to the one pioneered by Amazon.com, eBay.com & Autonomy.com that includes forgoing immediate profits to dominate the market place, making it difficult for investors to assess. It has resisted takeovers despite early rumours of Microsoft takeover (in fact any takeover was legally impossible without incurring a $50 million penalty to Autonomy until 23rd May 2008) that pushed shares up 40% on launch then saw them tumble as Automony stock holders who had been given free Blinkx shares on a one-for-one basis sold through 2007.
Tommorow the autonomy penalty is lifted from blinkx shares and could be bought out with no parent fees .
Blinkx will be 1 year old today as a public company,
things could get interesting from here as blinkx issued no news this week and they ususlally do perhaps they are busy talking..