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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 103.41-0.5%3:44 PM EST

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To: Dave who wrote (9)12/5/2002 10:40:27 AM
From: EdR   of 2280
 
from CBS Mkt. Watch:
Netflix surges on raised rev. outlook (10:19 AM ET) Shares of Netflix(NFLX: news, chart, profile)are flying $1.73, or 17 percent higher, to $11.68 Web-based DVD rental company raised its fourth quarter revenue outlook due to better than expected subscriber growth. The company is now anticipating revenue of $43 million to $46 million, up from previous projections of $41 million to $44 million. The company raised its subcriber forecast to 840,000 to 870,000 from 830,000 to 860,000, based on lower churn expectations

Looks like they are still growing...

Ed...
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