BBI -- a fast growing chain of dvd and games rental centers Message Board

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Non-Tech : BBI -- a fast growing chain of dvd and games rental centers

BBI 0.919

+2.1%

Jan 3 4:00 PM EST

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To: pcyhuang who started this subject	6/24/2003 11:12:46 PM
From: Julius Wong	of 3

Netflix says granted patent on DVD rental service CHICAGO, June 24 (Reuters) - Netflix Inc. (NasdaqNM:NFLX - News) said on Tuesday the U.S. Patent & Trademark Office issued the company a patent that covers its online subscription-based DVD rental service and could be the basis for action against rivals in the growing market. Shares in the Los Gatos, California-based company, which competes with Wal-Mart Stores Inc. (NYSE:WMT - News) and Blockbuster Inc. (NYSE:BBI - News), rose as much as 11.5 percent in early trading. Analysts said the increase was likely due to eased investor concerns about the sustainability of Netflix's business in light of the patent. biz.yahoo.com

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