Money Where My Mouth Is
You may be surprised to know that up until today I hadn’t owned any TiVo stock. Just today, I added a small amount of TiVo stock to my portfolio. I know what you’re thinking, it probably wasn’t a great purchase because TiVo stock recently went up quite a bit. Here’s why I did it:
- Although the stock has gone up recently, I still think it has a long ways to go. Call me a dreamer if you want to but, I really think the Comcast deal is a wonderful thing for TiVo. I wouldn’t be surprised if more cable companies realize that TiVo is a great product.
- One of the first things people tell me is that I should purchase some TiVo stock because I am such a big enthusiast. Now I can tell them I already own it ;).
- I’m always up on TiVo news therefore, I should be able to react quickly.
- It feels like a good idea. Let’s face it, I haven’t put the farm on the line. If I loose a couple bucks so be it.
March 31st, 2005 at 12:12 pm |
Welcome to the club. I actually own many thousand shares of TiVo stock, purchased 12 months ago. At a higher price than it is currently trading at :-(. But I feel a hell of a lot better about it now after the comcast agreement. The future looks very bright for TiVo. I could see TiVo trading at 3-5 times current stock price if the following things happen:
1) Other cable operators sign up TiVo (could easily happen now, thanks to comcast deal. Cable companies act in copy cat mode).
2) DirecTV renews contract (TiVo stock has been destroyed over and over again just due to DirecTV news being recycled over and over)
3) Netflix/TiVo agreement stirs up a lot of buzz. Making a lot of folks think about buying a TiVo so they can get their netflix movies via download.
Long live TiVo!
Jack Mehoff
March 31st, 2005 at 12:47 pm |
Ditto.
I made the decision to buy TiVo in the first week of March ‘05. The stock was trading around $3.80 per share. I feel it’s worth much more. I’d guess around $10-$15 is my expectation. I bought a few shares through the discount brokerage with the flat $4 trade cost. However they batch their orders and place them on each Tuesday. Monday the 14th the market closed w/ Tivo trading at about 3.80 and “after-hours” trading broke out with the Comcast deal rumors. When I got in it was at $5.72/ share. The stock peaked near $7. Okay no worries this is good news for TiVo. The stock is coming back down??
B.S. The product is best of breed. The market is growing rapidly and TiVo has doubled its subscriber base. They’ve gained Access to 21.5 million potential subscribers and will be introducing new technology / innovative features in the next 12 mos.
I doubled up on my stock and the price keeps falling?? I too “I haven’t put the farm on the line [and if] I loose a couple bucks so be it.” as you say. There is too much upside to this product and I’ve been devouring everything I can about the company. These guys are no dumb-dumbs. I think they are the most expert in the DVR space as demonstrated by their market position. And I like their odds against all comers. I firmly believe that America does not want a Windows media center PC in their living room. Can you imagine…. ERROR- Missing #$@!.DLL Winows MediaCenter needs to restart your television.
Go Tivo!
Michael Torres
December 12th, 2005 at 6:56 am |
[...] As you can see, my initial investment of $200 has paid itself off. Now if only my minimal amount of TiVo stock would flourish. I guess beggars can’t be choosers . [...]