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DewDiligence

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DewDiligence

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Re: DewDiligence post# 15271

Tuesday, 04/16/2019 7:33:02 PM

Tuesday, April 16, 2019 7:33:02 PM

Post# of 29407
NFLX is becoming a “purer” TGDT play:

https://www.wsj.com/articles/netflix-subscriber-count-rises-but-growth-slows-at-home-11555446946

[NFLX] said it gained 9.6 million customers in the first quarter, but only 1.7 million in its domestic market, fewer than it added in the U.S. a year ago.

…Netflix ended March with 148.9 million paying subscribers around the globe…

…Netflix…expects to add another five million paid subscribers in the second quarter, including about 300,000 in the U.S.

But the valuation is still too rich, IMO.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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