TiVo investors banking on EchoStar case

Iria · Mar 29, 2006, 08:03 AM

TiVo's shares are poised to move significantly once a Texas jury decides whether satellite television provider EchoStar Communications infringed on TiVo's patents for digital video recorders, analysts said Tuesday.

Investors have banked on a positive outcome for TiVo, pushing its shares up 37 percent since the start of 2006, and an unfavorable ruling could wipe out those gains, they said.

In the case, set to begin on Wednesday in Federal District Court in Marshall in the Eastern District of Texas, TiVo charges EchoStar, which operates the No. 2 U.S. satellite television service, with stealing technology that allows users to record one TV program while watching another via a DVR.
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Read More / Source: News.com

Mar 29, 2006, 08:03 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 87	TiVo investors banking on EchoStar case TiVo's shares are poised to move significantly once a Texas jury decides whether satellite television provider EchoStar Communications infringed on TiVo's patents for digital video recorders, analysts said Tuesday. Investors have banked on a positive outcome for TiVo, pushing its shares up 37 percent since the start of 2006, and an unfavorable ruling could wipe out those gains, they said. In the case, set to begin on Wednesday in Federal District Court in Marshall in the Eastern District of Texas, TiVo charges EchoStar, which operates the No. 2 U.S. satellite television service, with stealing technology that allows users to record one TV program while watching another via a DVR. __________ Read More / Source: News.com