Message #3 From:
sreil08 Date: February 9, 2009 03:00:10 PM
NFLX potential
An industry that may have
potential during the recession: home movies. As going to the movies has become an expensive family entertainment option, more families may choose to stay at home. Blockbuster (BBI) isnt cutting it anymore however. NetFlix has really perfected the model of home movie rentals.The most expensive subscription service is
about $15.00 a month and NetFilx (NFLX) now offers streaming videos included
in the subscription so you can watch any movie you want at home even
quicker over your TV or PC for no additional costs.
NetFlix has seen a ton of customer growth and profit growth. Right now about 10
million homes have subscriptions. Investors are getting more bullish (http://www.predictwallstreet.com/forecast.aspx?symbol=NFLX) as the company gets more positive press and people take notice. I think they have a lot of potential if they can see another profitable quarter and continue to gain market share over BBI.
