Sunday, October 7, 2007

Divx with bullish outlook.

Company (DIVX) has been under seller's pressure since March 07 after disappointing Q results. But looking back from last Q results which were a bit better that street expected, I see better future for stocks. Two important partnerships were announced. Yahoo (YHOO) and DivX will launch in November co-branded version of Yahoo! Toolbar and Internet Explorer 7 for for easy download DivX video software tools.
Also agreement with Qualcomm (QCOM) is very promising. DivX technology will be included in range of video-enabled chip sets.

All this positive since June and share price is still slightly lower by 5%...


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