Thread: Virgin should buy TiVo...
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Old 02-03-2011, 21:05   #1
HDFootyMan
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Join Date: Jun 2004
Location: Coventry
Services: Virgin Media 1TB TiVo, 500Gb TiVo, TV XL, 60Mb Broadband, Phone
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HDFootyMan has reached the bronze age
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Virgin should buy TiVo...
....because at this rate, the shares will be cheap enough:

http://www.contactmusic.com/news.nsf...g-loss_1204982

Quote:
TiVo, the company whose name was once synonymous with digital video recorders, reported on Tuesday that it lost 223,000 subscribers in its last quarter, the second-worst quarter for subscriber losses that it has ever experienced. The company reported a loss of $34.4 million during the quarter versus a loss of $9.9 million for the comparable quarter a year ago. Revenue declined 18.7 percent. Shares in the company fell 4.5 percent on Tuesday and were down an additional 7.2 percent to $9.11 at mid-morning trading on the Nasdaq today (Wednesday) after TheStreet.com downgraded its rating to "Sell" from "Hold."
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