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Technology Stocks : Tivo (TIVO) Interactive TV -- Ignore unavailable to you. Want to Upgrade?


To: Urlman who wrote (1530)2/1/2005 10:37:09 AM
From: Road Walker  Read Replies (1) | Respond to of 2093
 
TiVo (TIVO) said its president, Marty Yudkovitz, has resigned. He will remain as a consultant for an undisclosed period of time. Yudkovitz said in a statement that spending time on both coasts required a heavy commute and he wanted to spend more time with his family. Yudkovitz was president since May 2003. No replacement was named.

This was the guy that was supposed to get TiVo a cable deal. I guess that "dream" is also 100% in the "trash bin".



To: Urlman who wrote (1530)2/23/2005 3:59:23 PM
From: Road Walker  Read Replies (1) | Respond to of 2093
 
TiVo shares rise on takeover speculation
Wed Feb 23, 2005 03:25 PM ET
NEW YORK, Feb 23 (Reuters) - TiVo Inc. (TIVO.O: Quote, Profile, Research) shares jumped more than 17 percent on Wednesday, fueled by speculation that Apple Computer Inc. (AAPL.O: Quote, Profile, Research) might make a try to buy the digital video recorder maker, analysts said.
"What we hear on the street is that Apple is interested in their business and that they are a takeout target," said analyst Steven Kroll Jr. of Monness, Crespi, Hardt & Co.

Representatives for Apple and TiVo both declined comment.

TiVo's chief executive, Michael Ramsay, has said the company is not for sale. But with a market capitalization of only $300 million, analysts figure the company might be an easy target, perhaps from consumer electronics makers to media companies looking to bolster their video services.

Several companies have been discussed as potential suitors for TiVo, including Time Warner Inc. (TWX.N: Quote, Profile, Research) and Comcast Corp.(CMCSA.O: Quote, Profile, Research) , Sony Corp.(6758.T: Quote, Profile, Research) and Liberty Media(L.N: Quote, Profile, Research) .

Analysts said that Apple's focus on its immensely successful iPod digital music player would probably preclude it from going after money-losing TiVo, whose growth strategy has been questioned due to the rise of cheaper DVRs being deployed by cable TV providers.

The shares jumped to $4.22, up 53 cents, in afternoon trade after earlier hitting a session high of $4.45. Volume was 10.7 million, more than double its daily average.