>
> Netflix, Blockbuster, etc. has challenged the industry.
>
For those that want to isolate themselves night after night.
Blockbuster is a disaster waiting to collaspe, trading at their 52
week low, pays no div, trading at less their 52 week high.
NEtflix,is off their 52 week 1 year ago tomorrow, but 50% above their
52 week low, trading at 23.32 - no div either. Netflix survived
walmart challenge and Blockbuster's blown shot at returning stuff to
the store campaign, forgetting the most people are real lazy and
don't want to leave their home AND, that the technology for video
delivery over the 'net is here and continue to improve day by day.
Netflix has also survived Amazon's Unbox (because no udnerstands it
yet). Youi also have the $1 dvd rental machines around and iTune
delivery along with all the "illegal" file sharing networks.
So us old farts might go to a store to rent a vid, watch one of the
900 channels delivered by cable or sat - but the kids and not so kids
can download the stuff right to the new iTouches (which ARE very,
very clear and you can watch tv easily - Tommy skip the Wii and get
that for your kids)
What's next for NetFlix?
With no dividend, there's other opportunities in the market. Skip the
Analysts.
That's my view on it.
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