Hmmm. Think I'll quote that back to him next time I write...
Friday, 20 February 2009
Eric Schmidt in the latest McKinsey Quarterly
"We also try to look for small companies that we can acquire. Because, often, it's small companies that have the great new ideas. They have gotten started with them but can't really complete them."
Monday, 16 February 2009
What the hell is this about?
http://www.reuters.com/article/marketsNews/idUSLG40668520090216
BLINKX GIVES UP BUILDING OWN BRAND
The British video search engine, Blinkx, is to "give up" building its own brand because Yahoo and Google's dominance of video and internet search has proved too hard to crack. The company, founded by Suranga Chandratilake in Cambridge in 2004, had hoped its Blinkx.com website would become the first point of all browsers to find videos online. Chief executive Chandratilake has decided to focus on selling the company's unique search technology instead of building its own site. The technology is already used to power video search on ITV, ask.com, AOL, LookSmart, RealPlayer and MSN UK. Blinkx narrowed its first-half losses to 3.26 million dollars, and is to turn a profit a year ahead of expectations in 2010, according to Chandratilake.
BLINKX GIVES UP BUILDING OWN BRAND
The British video search engine, Blinkx, is to "give up" building its own brand because Yahoo and Google's dominance of video and internet search has proved too hard to crack. The company, founded by Suranga Chandratilake in Cambridge in 2004, had hoped its Blinkx.com website would become the first point of all browsers to find videos online. Chief executive Chandratilake has decided to focus on selling the company's unique search technology instead of building its own site. The technology is already used to power video search on ITV, ask.com, AOL, LookSmart, RealPlayer and MSN UK. Blinkx narrowed its first-half losses to 3.26 million dollars, and is to turn a profit a year ahead of expectations in 2010, according to Chandratilake.
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A scare story planted by the shorts/bears?
An accurate report?
Of course we have no idea, because true to form the company has not issued any formal rejection or clarification of the story. Just as with Miva thery seem content to leave doubts about Blinkx hanging in the air, to the detriment of shareholders and investors and yet more damage to Blinkx's management's reputations - not that those reputations can fall much further as far as this shareholder is concerned, being rock-bottom already...
Thursday, 12 February 2009
Not so much _low_ profile as _no_ profile...
Interesting article that, on the front page of this week's New Media Age (see below).
Interesting for many reasons, not least because of the total lack of even a single mention of Blinkx.
This is a typical paragraph:
"But the [Kangaroo] players [ie BBC, Channel 4, ITV] face increased competition in the market from the likes of Five (which has doubled the number of users viewing on Five Demand), Sky's recently launched Sky Player and web TV company Joost, along with potential new arrivals like Apple, Google and News Corp and NBC joint venture Hulu."
This is where Blinkx's determination to keep a low profile - although God alone knows what reason they have for doing so - is damaging the company and shareholder value. Why isn't Blink being mentioned in the same breath as the companies above? Why isn't Blinkx being mentioned at all?
How long, I wonder until there is a full-scale shareholder revolt over the way this company is being (mis)managed?
An interesting exchange...
This is an interesting exchange that occurred this morning on one of the ADVFN Blinkx bulletin board threads between 'pengvin' and 'conk'.
Does rather highlight the delusional nature of many of the Blinkx cheerleaders: here is a company with a share price on its ass, where the (official) news flow has all but dried up, whose CEO seems happy to tell the world about the company's bright future in interview after interview but won't release any hard data to back up his assertions - and yet some shareholders have so drunk the Blinkx Kool Aid that they don't question any of it...
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pengvin - 12 Feb'09 - 11:02 - 1543 of 1545
Here's the annoying thing
If you hold stock here and are frustrated at the sp performance and challenge why it is happening you get f***wits like conk who assume [incorrectly] that you want the sp lower to buy some.
You may want to wipe the delusion away from your eyes otherwise you may be very poor very quickly.
Investment needs an objective view,getting 'loved up' with a stock is spoiling for problems.
conk - 12 Feb'09 - 11:10 - 1544 of 1545
pengvin,, this f***wit as you wish to call me is more than happy with the way things are going with blinkx.and i feel sure you want sp lower than at present but hey who cares.i can wait and will.can you! if not just carry on whinging i am sure you may get a few more to sell up,but not that many..
pengvin - 12 Feb'09 - 11:14 - 1545 of 1545
Exactly what I mean.f***wit of the highest order
People aren't positive about blnx ergo they are derampers.
What an extremely niaive way of looking at things.
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