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BT,
I'm scheduled to fly out of Tampa Tues am. It might be close...may have to leave a little earlier...
The 3's....yeah us!
Thanks for the info. I guess we can all go fishing tomorrow and check the stock on Monday...glta
Hey guys,
I'm thinking we could get a GZFX update from corporate tomorrow...August has 31 days...but then again, I'm not sure how the quiet rule counts the 30 days...
RE: shorting
What if everybody put their shares up for sale at say .35, .45 or even half a dollar, would the fact that the shares are for sale prevent the shares from being "borrowed" for shorting purposes? Just a hypothetical...
Bruce,
That's Sept. 18th.
BTW, I'm down here in FL. now helping with the clean up and getting ready to fight big, bad Ivan the terrible. Power has been restored yesterday so we can function quite well now. Lots of limbs and shingles every where. but we can fix it.
Chin up and climbing!
Stick with the Wick...we go green by the big "18"...
The six out is the cheapest way to go - $222.00 gets you 14 mos. =$15.85.mo and you always have a new movie on hand..
Regarding the turnaround time. I did the 6 out choice and return one movie every postal day. New one comes before you run out that way. I always have a new movie...
That's when the quiet period regarding further financing announcements ends. I don't think JF went on just a vacation to Dubai of all places right in the middle of the kick-off of the ads, fixing the web-site and all. The article I posted earlier today bolsters my "guess" on whats upcoming..I think things will be very interesting around the 18th...
Just growing pains...any startup has areas to iron out...look at aol...they had a huge mess and cleared it up.
Hearing those GZFX footsteps coming up behind you, aren't you?
Netflix is getting worried about BBI and GZFX!
I anticipate an announcement regarding the Dubai connection around the 18th....
Wonder if JF got some "Dubai" venture capital???
=DJ FUND MANAGER: Venture Capitalists Bank On DVD Mkt Growth
By Marietta Cauchi
A DOW JONES NEWSWIRES COLUMN
LONDON (Dow Jones)--Private-equity firms are grabbing a slice of the tremendous growth in the DVD market.
Since their debut in 1997, DVDs have rocketed in popularity and are behind an astronomic rise in worldwide spending on filmed entertainment - a trend that is expected to continue until 2008, according to PriceWaterhouseCoopers (PWC.XX).
The total spent on filmed entertainment, which includes box-office receipts, was $75.3 billion last year and is expected to grow by 7.5% a year to $108 billion in 2008, said Robert Boyle, head of PwC's European entertainment and media group and author of the report.
"DVDs and especially online subscription is ultimately the important area, with room for massive growth still to come in Asia and Latin America as well as Europe and the Middle East and Africa," he added.
U.K.-based Apax Partners & Co. Ltd. (APX.YY) invested in the sector last year, backing the founders of U.K. specialist DVD retailer Silverscreen Holdings with a GBP13 million seed investment.
The success of the model has been swift, and Apax led a second funding round of GBP20 million in February, money that will be used to support Silverscreen's expansion from six retail shops to a national chain of some 180 stores over the next three to four years.
The whole market is growing, fueled by low-cost DVD players, personal computers and broadband Internet, according to George Coelho of California-based Benchmark Capital, backer of online DVD rental service Video Island.
"Already 14.1 million households in the U.K. alone own a DVD player, and over a million of these households rent a DVD every week," he said.
DVDs are being rented or sold in two manners: through physical shops and on-line.
While the U.K. online rental market is the largest in Europe, it remains just a fraction - less than 10% - of what the U.S. market is, so there is plenty of scope for growth, he adds.
In the U.S., online rentals already accounted for $289 million of the total $8.2 billion rental market last year and are likely to grow to $605 million this year and $1.9 billion in 2008, California-based Kagan Research said in an Associated Press report.
Last month, Video Island merged with U.K. market-pioneer ScreenSelect, jump-starting consolidation in the fragmented sector.
The new business combines Video Island's mass-market reach via third-party online services, such as Tesco PLC (TSCO.LN) and Microsoft Corp.'s (MSFT) MSN, with ScreenSelect's focus on individual home subscriptions.
For as little as GBP14.99 a month, ScreenSelect allows subscribers to watch as many DVDs as they want, with subscribers having a revolving library of three DVDs at any one time. The DVDs are ordered online and delivered with the postage prepaid, together with a prepaid return sleeve to send them back.
Benchmark Capital's Coelho said the company has plans to expand both brands across Europe and that he expects this will be done both organically and by acquisition. There are plenty of smaller online players around, he said.
The merged company is also well-placed to take on competitors such as U.S. Netflix Inc. (NFLX), which already delivers to 2 million homes in the U.S. and plans U.K. entry this year, and high-street Blockbuster Inc. (BBI), which just launched a rival by-mail service.
Meanwhile, outright sales of DVDs are being boosted by deluxe packages and clever placement in supermarkets and department stores.
It is early days in the industry and plenty of space for DVD retail players to co-exist with their online counterparts, Coelho said.
An obvious analogy is Amazon.com Inc.'s (AMZN) entry into the book sector - some people prefer the shop experience while many more will use both services.
"Some DVDs have to be bought initially before being available to rent, and there are some you will want to own as opposed to just rent," Coelho said.
Amazon co-founder Simon Murdoch was recruited to help ScreenSelect founders William Reeve and Alex Chesterman, who set up the company in 2003 believing that high street movie-rental could be "amazoned."
Meanwhile, the big film producersrely heavily on the market, with about half their revenue coming from the rental and sale of DVDs, Coelho added.
Potential threats to growth in the DVD market such as cable and satellite networks offering pay-per-view movies are dismissed by analysts.
"There used to be a strict exclusive period of six to 12 months after a public cinema screening before films were available for sale. Now DVDs are being released more and more quickly and at cheaper prices, which is making the network operators unhappy," Dresdner Kleinwort Wasserstein analyst Richard Menzies-Gow said.
He also said it will be some time before downloading of films from the Internet takes off and threatens the DVD market. U.S. Netflix has plans for such a service, but consumers need both broadband and the facilities to stream onto a TV screen - and the penetration isn't widespread yet, Menzies-Gow said.
(Marietta Cauchi, formerly an international media lawyer and a reporter on legal affairs, has covered fund management and private equity for Dow Jones Newswires since 2002. She can be reached at: 44-20-7842-9260 or marietta.cauchi@dowjones.com.)
(END) Dow Jones Newswires
September 07, 2004 06:48 ET (10:48 GMT)- - 06 48 AM EDT 09-07-04
=DJ FUND MANAGER: Venture Capitalists Bank On DVD Mkt Growth
ok guys..we've got two weeks before another run up. In that time, sell your wife's Rolex, your back up Callaway's, that pos that has been sitting in your driveway with the for sale sign on it for two months, and buy all the GZFX you can afford.
One more run before we go up for good...
Yes, Huge! but not this next week....
TO: The two Bruces in JAX and all Floridians
Great news! Do not, I repeat, do not worry about hurricane francis. I am on my way to Florida and with all the hot dry Waco Texas air that I am bringing I will subdue the "beast".
I have spoken...
Just some thoughts here. If my facts are correct, NFLX is 5-6 years in business and has over 2mm subs. They reached 1mm subs faster than AOL. 97% of the market is still avalable. Granted the next 10Q will probably be neg. and even the one after that, also. What I'm watching is the sub count increase and the growth rate trend. If those numbers are good even though the bottom line shows a lot of expenses, and as long as those expenses are on ads, I still think we have a homerun here and the pps will react accordingly to those sub numbers, not the bottom line numbers.
Good one, frankie! Let's see that one on a billboard...lol
12 year old scotch at that...
You flash this link so much you are looking like some kind of "rump ranger"...recommend you cease to avoid further em "bare ass ment"...
What? You mean the market has closed already!? Guess I fell asleep on the keyboard....Oh well, we'll get 'em soon...
Scotch time...Go GZFX!!!
It was me! I paid .25 and sold for .0039 just to flatten everybody's charts...LOL
Was that you BT?
1,688,000 @ .036
NFLX closes under $14 pps....more dissatisfied people over there I'm sure. I still think they're on their way to $6.00 pps. Little GZFX going to look like a shining star soon...and maybe even a "shooting" star....lol
BBI going the AOL route....
http://channelevents.aol.com/movies/blockbuster/index.adp?refChannel=movies
I think we will get an indication when the next qrtly comes out...but I agree that it could take a year or two. Just depends on the subscriber numbers.....
I've hit doubles and triples, but no homerun yet. I think GZFX just might be the one to do it....
X,
Then you will have to sell on the bumps and buy on the dips to get that share count up...
X,
Go sell your wife's car and get your million shares...no big deal. Buy her a brand new one next week when GZFX hits .08....lol
Great Post! Thanks for the heads up!
FF
I don't see how the pps can do a run up and sustain a big increase on just PR's. I think it will take a 10Q with some solid numbers to accomplish that..with that in mind, I don't think we will be able to hold a significantly higher pps until around November 15th. ( I consider a financing announcement a PR, too)
In reading the Motley Fool article I picked this out:
"Netflix will make out just fine in retaining its established base.
However, for the 97% of the market that Netflix still hasn't penetrated, Blockbuster will be an intriguing option. "
IF what I read here is correct, NFLX has only gotten 3% of the available market. If that is the case, GZFX will have no problem getting subcribers once the ad program digs in.
Ok, we'll let BBI have their 3%, and we'll take the rest...lol
Yeeeeehaaawwww!
Had to buy some more on that last dip...
RE: "This puppy is way oversold and you all should get a hobby. knitting comes to mind cause you all sound like a bunch of old women .LOL"
Tried it once...couldn't hold my scotch glass and knit at the same time...gave it up...the knitting that is...
Speaking of Adsouth, is anyone tight enough with the person handling the GZFX account at Adsouth to maybe get some indication from them how the ads are doing in relation to the the number of subscribers coming on board. That would be something I would like very much to know...