June 3, 2009 June 3, 2009 By charlie In , , , ,

Twitter Ticker ($TIVO)

TIVO090603StockTwits chatter is focused on TIVO after it received a favorable court ruling in an ongoing patent dispute with Dish Network (DISH). Apparently people still watch television in America, enough to warrant a battle over DVR (digital video recorder) technology.

Despite trading at 5 year highs, TIVO seems like an outdated concept to moi, but I won’t argue with price. I rarely watch television, never tape it, and would sooner download an entire season via bittorrent instead of paying for the right to fast forward commercials.

You won’t see me shorting this rocket, but I suspect it doesn’t have enough fuel to really fly. Other than winning $100 million suits, where will growth come from? The math at Silicon Alley Insider gives some rational on the $3 move here.