VLC on OSX

I was using VLC to make a local copy of a WMV stream; the dang thing took me a while to figure out; even then... I copied a WMV stream; re-encoded into mp3, saved as .mov; and ended up with Microsoft ASF

I guess all the settings I did on the stream transcode wizard are ignored... I see why many windows users dislike MS wizards; they just don't work as advertised... I will post again when I figure out what went on. The wizard is found under file on the drop-down menu.

P.S. Wish me luck; I'm learning Spanish! I am a slow learner of such things, and I am being thought by this nice girl from Brazil. Language isn't my thing; but some things are sticking!