Burdekin BKS

Interactive TV. Are you a believer ?

Market corrections can be helpful at times to sort out the wheat from the chaff. Which stocks fall least, which stocks recover quickest. This should always be closely examined after such weeks as we just had.

It is also useful to check out which tech stocks have potentially big products. Take BKS; moving as it is into interactive TV, through 40% ownership of a joint venture with Oracle and Liberate Technologies out of the USA. Interactive TV will facilitate internet accessibility without having to buy a PC.

BKS announced this to the market Feb 3rd. You can see this was widely anticipated beforehand.

So if you happen to believe in the idea of Interactive TV, significant down days offer cheaper access prices to this stock; ie better buying. Note also that buying immediately after the down day, April 5th, allows a very strategic stop loss placement under the low, 18 cents, (or under the December lows at 14 cents if you wanted) a previous top notice, which facilitates an effective risk management strategy.

note also, BKS did not move below the 24/25 cent lows on significant volume (cursor highlighted) adding to your probable belief that we had a simple over reaction on this day.

Interactive TV is something to keep an eye on this year and next. An increasingly wealthy middle class is asset rich but time poor. Interactive TV means you will be able to watch the TV show you want, when you want, as distinct from being subject to network planning like we are at present. Videos redundant ? Content delivered over the network on demand ? Who knows. We might get though a new set of viewing rules for all you couch potatoes.