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Imagination - No cash worries

April 2003

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Imagination issued a positive update ahead of its  results on 19 May. This said that second half revenues from licencing its IP corestotalled £9m as a result of concluding four of the eight licensing contracts mentioned in the December write-up in Sharewatch. Ones with Sharp and Hitachi Mobile have already been announced and two others  are expected to be announced shortly. The newcontracts have taken Imagination's  integrated system-on-chip(SoC) uses beyond digital radio and arcade machines  and intodigital TV, PDA, in-car navigation/ entertainment and mobile phones.Royalty revenue flows will rise as these  products come to marketlater this year and beyond. Cash from the new licences meanst ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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