TiVo about to bounce back?
April 5, 2011
Shares have climbed over five per cent in recent days as Wall Street gossip suggested that a federal court could be releasing positive news for TiVo any day now.
At this stage any such gossip is just that, but investors would love to see a favourable end to TiVo’s very long-running patent dispute with Charlie Ergen’s EchoStar/Dish TV. Last month, TiVo raised $150m in order to continue funding its assorted legal battles. One analyst recently said that that TiVo’s stock could near-double if it were to win the EchoStar actions.
Other posts by Chris Forrester:
- IRIS2 contract signing at year-end
- Icasa “over-reached” in confiscating StarSat kit
- Starlink tests D2C in Romania, US, Japan
- European telcos unite against Starlink D2C
- Rivada insists “deadlines will be met”
- Ergen will gain “greatest opportunity” by losing DISH
- Rivada’s latest problems could be fatal
- SES confirms 25c dividend
- Intelsat gets licence to rescue Galaxy 25