IndigoVision - troll-free thread

Hi Crystball
I would expect to see revenue from mobile phone video chips sales to start making an appearance. Television on your mobile phone is becoming the latest high profile feature.
I have not modelled this due to the level of uncertainty and because IND offer value even without taking this into consideration. It could however provide a very useful flow of funds direct to the bottom line.
The mobile phone market is approximately 800m handsets per annum. If we assume 4p per chip and a market share of 10% in 2006 then this represents a very worthwhile contribution of £3.2m.
Winbond are a very well known chip manufacturer and a figure of 10% may be conservative given the proven capability of the IND Codecs.
Use is not limited to handsets, many other consumer products will have need for this technology, digital tv, video camera etc. This side of the business could potentially be as big as the Video over IP security market.
I have been a long standing holder of IND. My holding is small compared to Pauls but has grown in size and currently represents half my holding. My confidence in this share goes from strength to strength. I am not very good at calling the top but have called the bottom quite well whenever there has been a retracement.
With IND already cashflow positive any additional revenue flow will fund growth. I am of the opinion that growth of 100% will maintained over the next few years perhaps even becoming exponential.
I would like to see IND establishing more strategic relationship. The relationship with Wavesight will prove to be an important one however others are in my opinion necessary if IND are to maintain a leading position.