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Technology Stocks : Tivo (TIVO) Interactive TV

TIVO 6.090

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Jun 1 5:00 PM EST

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From: Road Walker	2/18/2005 1:05:32 PM
	of 2093

Tivo climbs on new subscriber data By Russ Britt, MarketWatch Last Update: 12:48 PM ET Feb 18, 2005 LOS ANGELES (MarketWatch) - Shares of Tivo jumped Friday as the video playback device maker reported its subscriber base doubled during its last fiscal year, and now stands in excess of 3 million. Tivo (TIVO) shares were up 24 cents, or 6.6 percent, to $3.86 in recent trading. The company said it added 698,000 net subscriptions during the fourth quarter ended Jan. 31. That included roughly 447,000 subscriptions via DirecTV. The news comes on the heels of the resignations of two key Tivo executives: Chief Executive and Founder Mike Ramsay, who said in January he would leave, and Marty Yudkovitz, who exited at the beginning of this month.

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