Monday, April 17, 2006

Is Tivo a Buy?

TiVo scored a patent win against EchoStar, being awarded $73.9 million in damages after finding that EchoStar infringed on patents held by TiVo for digital video recorders. This sent the stock higher on Thursday to a 52 week high. Now I would see this as a selling op for long term holders, but according to Barrons, Tivo is a buyout target, so does that mean you should get in now? I would say not, since the stock has already skyrocketed lately.

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