Netflix (NFLX) and the Streaming Wars Message Board

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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 (474)	12/31/2011 1:51:36 PM
From: 2MAR$	1 Recommendation Read Replies (2) of 2280

*"there went $305 almost & in again on the short side* " just reliving an epic moment of this past year , the moment of shorting an absolute top ! Though much money was made was well on the long side too , but never once gave up my thesis this company was so over rated , overvalued hype , with content that was cr@p . "Netflix is dead to me " Commentary: Netflix can now serve as a cautionary tale to CEOs http://www.marketwatch.com/story/netflix-is-dead-to-me-2011-12-30?link=mw_story_kiosk Earlier this year I toyed with the idea of signing up for the video service to see what the hubbub was all about. But now, as I make a to-do list for 2012, the notation of “Join Netflix” won’t be on it. Sure, it can try to recruit my business with snappy ads or revised pricing strategies. But it won’t work. Call me overly sensitive, but I object to what I perceive as this company’s incredible arrogance. In the past several months, Netflix NFLX -0.26% rather callously raised its prices, said it would drastically overhaul its business, then issued what sure seemed like a mealymouthed apology to its beleaguered customers. When it comes to sincerity, the Netflix brass might as well have muttered to Main Street, “Sorry — the dog ate my homework.”

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