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


To: Glenn Petersen who wrote (1704)7/14/2018 6:47:34 PM
From: SI Ron (Crazy Music Man)  Respond to of 2280
 
Back in 1991 a guy we had working for us had a friend that owned a video rental store. He said videos would be available on your phone line one day and was getting ready for the end. He was right. I did not believe his prediction since back in 1991 all I had was a dial up modem and a BBS I belonged too. I wondered how could you send a video out on a phone line with the speeds the way they were back then. My first high speed connection was cable in 1998.

He was right. And it all came true.



To: Glenn Petersen who wrote (1704)7/15/2018 9:15:35 AM
From: Zen Dollar Round1 Recommendation

Recommended By
Glenn Petersen

  Read Replies (1) | Respond to of 2280
 
At one time I loved Blockbuster. I would rent movies there but also video games. It was a great way to try out games to see if you wanted to own them.

The I got a $50 Blockbuster gift card one year for my birthday but didn't use it right away. I had it for quite a number of months before I remembered I had it, so one day I went in and tried to rent some games with it. Blockbuster, like some other companies at the time, had a policy of draining an automatic amount from gift cards each month they went unused. So, as I tried to check out with my games, the cashier informed me the card had no money left on it and told me about the policy. I was furious and vowed never to use Blockbuster again, and I never did.

Thankfully, laws have been passed since then to prohibit companies from draining funds from gift cards in the U.S. for so-called "maintenance fees" and such, but I had already been ripped off and there was no recourse.

I will jump with joy and can't wait to do a dance on the grave site of the last Blockbuster in Bend, Oregon when it finally goes out of business. Go to hell, Blockbuster!