Here is a quick blurb about how TiVo's Chief Executive Officer bought 10,000 of the company's shares. This is the first time in eight years that one of the executives have purchased shares in the open market.
Tom Rogers, the Chief Executive, feels that they are undervalued. The article discusses the following factors:
- Increased spending on research and development to handle both internet media and cable/broadcast content.
- Increased value by decreasing DVR prices but also increasing monthly fees
- Likely settlements from AT&T and Verizon
- Possible expansion with large media providers (such as Time Warner).
Read here for more details:
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