Saturday, April 25, 2009

You like your Netflix?

DVDs delivered to your front door, practically, but downloads to your computer?

When the CEO of Netflix was on 60 Minutes a couple of years ago, I was impressed. NFLX seemed it would dominate its space for a long time, even with Blockbuster and every other movie and game rental company.

There's been so much about NFLX in the news lately. News, hype, drivel, froth. Whipped cream in the world of media downloads/streaming channels, and what a hugely insane world that is. Think Napster. Making real money. So how can NFLX not been a buy? Could it still be a buy?

Frankly, as I dig a little, I will not expect to buy any NFLX. The two or three weeks after earnings aren't always the best time to chisel into a stock as swing traders cash in and look for the next hot one. Then again, if mutual funds start pouring back into the market, they could take a lot of stocks skyward just on sheer volume.

Here's a starting point, perhaps. Should Netflix worry about Comcast? I dunno. Read the link.

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