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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 106.38+2.0%10:58 AM EST

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From: 2MAR$4/25/2011 6:52:22 PM
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NFLX $250~$262~$237... did a Gap n Cr@p after hours on lowered guldance going into a slower summer season ...

Though hit as high $262 at first on what seemed great #'s , poor shorts who covered there are kicking themselves (and feeling pretty sick ) , anyone who did grab short up there A/H is smiling with 10% gain.

Their numbers were great but there's also been a problem with streaming bandwidth caps that are going to cause Canadians loss of quality & more costs on their bills, so its a wait n see game now .

Netflix ended March with 22.8 million subscribers in the U.S. The remaining 800,000 are in Canada.

After adding more than 3 million subscribers in each of the last two quarters, Netflix expects its growth to taper off in the spring and summer -- typically a tougher time to sell subscriptions because more people are taking vacation and spending more time outside.

Netflix thinks it will add 1.3 million to 2.25 million subscribers in the second quarter. The company projected earnings as much as $1.15 per share for the period, below the average analyst estimate of $1.19, according to FactSet.

finance.yahoo.com

(who are these guys "FactSet?)

TRiple top respected , valuation capped for now , as NetFlix said about their Intl expansion efforts & to get on Droids , peeps will have to just "Stay Tuned" .

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