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Technology Stocks : Netflix (NFLX) and the Streaming Wars -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (288)4/22/2010 1:38:43 PM
From: i-node  Read Replies (1) | Respond to of 2280
 
Tim

They had a great quarter but I think it is bigger than that.

IMO, the product is just well-suited for its market -- at least that's the reason I bought the stock originally. I tend to buy stock in companies whose products I like, and Netflix has a great system. After watching a movie, we almost always have the next one within the 3rd day -- which is about as often as we'd watch a movie anyway (way more often, really). And you don't have to hassle with going somewhere to trade it in. I also think they're ahead of the game on streaming, although the choices on streaming are limited.

Of course, what will bring them down, eventually, is the royalties/content costs. The day they start having problems in that area I'll bail out -- I learned SOMETHING from the XM/SIRI debacle ;)