TiVo Inc. (NASDAQ:TIVO) is scheduled to report a negative $0.11 EPS on modest revenue of $64.78 million. In the near-term TiVo will confront rising R&D costs necessitated by a broadening competitive landscape. The company is also facing a number of patent litigation issues which could threaten its recurring revenue stream in the long term. In spite of these obstacles many investors have been quite bullish based on improving revenue new partnerships and opportunities for international expansion. I believe this sentiment has fueled an irrational run-up in the share price and a pullback is in order. TIVO ...