Netflix (NFLX) and the Streaming Wars Message Board

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Technology Stocks : Netflix (NFLX) and the Streaming Wars

NFLX 103.22

-0.7%

3:59 PM EST

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To: Brumar89 who wrote (43)	7/2/2003 7:51:25 PM
From: Rock_nj	Read Replies (1) of 2280

Well NFLX certainly had a pretty good day today. I wouldn't characterize it as a breakout yet, it needs a few days of follow through to confirm a breakout through the triple top at 26. Actually, I thought today was kind of disappointing, considering all the shorts in the stock and general interest in this latest stock market darling, I would have expected a much sharper short covering rally to the 29 area. It will be interesting to see if it collapses. It does seem to have run up awfully hard lately. I agree that a collapse might be imminent if more competition shows up on the scene, or NFLX's stellar growth suddenly slows. How many more people will subscribe to their service in the future?!? It might just be a flash in the pan.

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