from shares magazine
Technology
blinkx (BLNX:AIM) 91p
Market value: £304 million
A spin-out from FTSE 100 technology giant Autonomy (AU.), blinkx (BLNX:AIM) is a leader in the potentially enormous market of online video search. By delivering a maiden pre-tax profit in the first half of its fiscal year, the £303.7 million cap proved it could monitise video search by pairing it with content relevant to advertising. The company has recently added big names to its list of partners, including Bloomberg, the BBC, Nokia (NOK1V:HE) and American Express (AXP:NYSE). At the interims (9 Nov) it announced a partnership with Amino Communications (AMO:AIM). The company also has forged a collaboration with Samsung (005930.KS), which brought blinkx's technology to Apple's (APPL:NDQ) iPhone and Google's (GOOG:NDQ)Android handheld devices. blinkx has pulled back from the 102p all-time hit on 18 January but we expect upward momentum to soon resume. Investors may expect the company to eventually move to the Main Market, paving the way for the top flight.
