Wednesday, August 25, 2004 3:02:42 PM
Seriously rcp, you need to frequently check the churn rate at NFLX, consider the P/E ratio and most importantly see what effect the accounting problems will have on the pps in the long run.. The P/E is extremely high for a company this far along. Something has to give, and in light of BBI and GZFX making a presence, I feel the pressure on the pps is too much weight to maintain the currently level.
All that considered, I would diversify and buy a little insurance... maybe in either GZFX or BBI(look at BBI's P/E at the current exdividend price).
GLTU!
All that considered, I would diversify and buy a little insurance... maybe in either GZFX or BBI(look at BBI's P/E at the current exdividend price).
GLTU!
Wick(w50)
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