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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 104.35-1.2%Nov 21 9:30 AM EST

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To: 2MAR$ who wrote (581)9/29/2011 9:08:12 PM
From: 2MAR$  Read Replies (2) of 2280
 
Many shorts saw as a good place to cov....all it'll take is another announcement of content deal from aapl amzn or goog, down she goes again .

Well the AMZN Kindle Fire momo was one large damaging weight again today as markets turned south as China growth slowdown concerns took over and they totally ignored the German bailout decision & shot this rally down . Also fears involved with AAPL's sales though will be great will not be unnaffected too, this last Qtr . Still remaining is the AAPL 5 phone release that sounds like a beauty in AAPL newest offerings so do expect another rally in those shares but market has been treating most everything harshly after reporting so far .

NFLX was hitting R too @ $135 and valuation at $110 still over $5bil and even at $100 would be reasonably priced or even lower still now as its broken momo reflecting this downward revision in market cap.
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