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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 106.32-3.3%2:15 PM EST

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From: StrategicSay2/10/2013 7:55:05 PM
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Earlier this week, US Postal Service announced plans to discontinue delivering mail on Saturday's. I'm curious to hear what affect you think this will have on NFLX and its subscribers?

I've been a NFLX subscriber in the past, and if you haven't been one, I think the biggest thing people don't know is that the business is SPLIT (between streaming and delivery). It's advertised as $7.99 a month, but that's only for one service. Each service offers it own perk:
  • Online streaming-No wait, but limited selection.
  • Delivery-Unlimited options, but must wait 2-3 days (depending on city you live in).

So if you like having options its really $14.99 a month.
With less time for shipping, more people might abandon the delivery route.
OR they might pay more to increase the amount of delivered DVD's they can have rented out at a time.

Even though AMZN offers a way better deal with Prime, I think Netflix has definitely created a cult-like following. It's constantly referenced in the media, and trending on twitter.

I purchased the stock at about $180. I'm a firm believer that history repeats itself in the stock market.
So, I see it reaching up to $199.

Would love to hear others opinions on the matter.

-@StrategicSay
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