Correction (08/28 @ 10:07PM EST): It looks like the news on WSJ really is referring to the $100 million that EchoStar agreed to pay over the retransmission of distant TV stations to subscribers. Sorry for getting everybody excited 
. Thanks Dave for clarifying this.
According to the WSJ (requires login), EchoStar has agreed to pay TiVo 100 million to settle their dispute.
I haven’t been able to find any more information on any other websites. If anybody finds a better link, feel free to post it in the comments….
Thanks JohnnyJohnJohn!
Until somene actually reads that WSJ article, I’ll assume it’s related to EchoStar attempting to settle for $100 million with the networks regarding broadcasting locals.
Wrong… totally different lawsuit.. $100mill is for broadcasting local channels to other local markets without networks premmision. (fox nbc abc cbs…)
This is why I like the blogosphere….thanks for correcting me. Sorry
!
Looks like you hit publish a little too quickly. Do I get to bill you if lost money on the bad stock tip?
I think you’re right about that one. Feel free to send me your bill. I’m sure I could cover any loses you have considering how much I make on this site (yeah right!).
In reality though, buying TiVo stock might not be a bad idea right now….
Sounds like a deal Alex, I’ll send you the invoice next time, but unfortunately you published after the market closed so my order didn’t get filled. Does this mean I also have to share in the upside with you when TiVo’s stock goes through the moon? As for buying TiVo right now, well I’ve already pretty much loaded the boat, but I don’t think you want to be taking stock tips from someone who has a bad case of TiVo fever. I’m glad that I disregarded Engadget’s ‘death watch’ and took advantage of the overly pessimistic views that the market seems to have had when it comes to TiVo’s stock, but given the volatility of TiVo’s stock price, it’s probably a bad idea for investors to even consider TiVo’s stock unless they’ve got a pretty strong appetite for risk.
Davis,
. You are after all a financial advisor right?
Thanks for the advice
As for the Engadget death watch, I saw through that from day one. All along, I’ve thought that TiVo had a superior product and that in the end, an educated consumer will decide to go with a TiVo over the crappy cable company DVRs. You can call me a TiVo “fanboy” but, I’m going to bet on TiVo.
Nope, Davis is just a technology enthusiast. He does know a few finacial advisors, but he likes to keep the heavy financial advice to the guys at Engadget. They seem to have a better handle on the financial markets, then a small time blogger like myself.