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March 10, 2005

Down on Tivo/Apple

CNN Money has an article squashing rumors that Apple will be acquiring Tivo any time soon. Quoted in the article:

"I don't see any logic in Apple taking over TiVo and I don't think TiVo is dressing up for a sale right now," said David Miller, an analyst with Sanders Morris Harris. "This is clearly the most emotional, rumor-driven, highly ephemeral name I've ever dealt with."

If analysts were always right, I'd be retiring on my Webvan stock right now so I take it with a grain of salt along with my brown bag lunch.

Posted on March 10, 2005

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