World First - Music Download Technology

Well what does that indicate?

It means an institution is quietly accumulating.

Why did the price not go up 1 ?

We should in fact be grateful to the MMs that they did not increase the price.

This is because there are a number of people including a T seller who are persistently selling small amounts. I do not and neither do the MMs want to give these people a good price. Once these people have gone, and in particular the T seller, the price will appreciate. One should note that only a few weeks ago there was excessive buying but no appreciation was observed due to the above reason.

Why did the price not go up 2 ?

UBC's main growth line is the downloading service and much investment has been exposed to this service. However as yet no returns have been obtained from this investment. In January 2007 this service will go live partially and then a full service later on in the year. Upon good news this will slowly tick up but will ultimately depend on the revenues obtained from the downloading service.

Other good news is also expected from the other units of UBC, and as digital radio grows, UBC will bring in more revenue.

You may have heard of the news this week about C4 linking up with SKYPE to offer a online TV service. C4 bought a 51% stake in UBCs Oneword. I think any connection with the big media groups allways means a possible takeover. I think if UBC can crack the downloading service then the share price can reach 50p after which an offer is guaranteed to be made.

Be Patient. Have a Happy Xmas and New Year.

Abbas