Summary:

Well guys don’t say I did not warn you. Here is an excerpt from my article, Ta-Ta Tivo: ” Sonicblue has about $13 million in cash, and a $65 million stake in the Taiwanese chip maker United Microelectronics. Yet the company had a market capitalization of […]

Well guys don’t say I did not warn you. Here is an excerpt from my article, Ta-Ta Tivo: ” Sonicblue has about $13 million in cash, and a $65 million stake in the Taiwanese chip maker United Microelectronics. Yet the company had a market capitalization of just $55 million in late December. Why? Simple: it has about $146 million in debt and negative quarterly operating cash flow of $111 million.”

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