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:
- SpaceX building a spy satellite network?
- Hot success for Musk’s Starship
- Bank downgrades SES
- Rocket Lab: “We must match SpaceX’s business model”
- Starship flight plan lodged
- FCC approves 7,500 Starlinks with E-band
- ESPI seeks new ways to finance Space activity
- Lost Eutelsat craft stabilised
- Musk’s Starship #3 to launch on March 14