Those of you with a vested interest (stock), probably caught news earlier this week that the US Patent and Trademark Office has completed the reexamination of a TiVo patent at play in the EchoStar case. Several claims were confirmed (software) and several were rejected (hardware). What does this all mean? Hard to say at this point, especially with oral arguments on hold until October. One thing you can bank on: This case is far from over (within both the courts and the Patent Office) unless a settlement is reached. Another thing you can bank on: Skittish investors dumping TiVo stock.
Why would investors dump Tivo stock? If there is only ONE claim found correct, they WIN! So Tivo is looking ok in this situation; this will all be a moot point after DireTV decides do give itself the best software for a DVR and acquire Tivo “lock, stock and barrel” . . . Just imagine if DirecTV was the exclusive service provider offering Tivo?? CHAA-CHING!!!!!!!!!! Why no one else has tried to snatch them up is beyond me! If it’s not Tivo, it’s not a Tivo!!!!!
You’re right, “investors” wouldn’t dump stock. “Day traders” on the other hand… ;)
Disclosure PS: I’ve never bought, owned, or sold TiVo stock.