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Re: bronen post# 3137

Wednesday, 04/21/2010 8:18:44 PM

Wednesday, April 21, 2010 8:18:44 PM

Post# of 6674
"The delays in sending out the latest DVDs could slow Netflix's growth if impatient customers decide they don't want to wait the additional 28 days and defect to rivals, such as Blockbuster Inc., which are renting the movies at the same date they go on sale.

It hasn't had an effect so far: Netflix's first-quarter cancellation rate of 3.8 percent was the lowest in its 11-year history. But Netflix hasn't had to delay delivery on many hot movies yet. One of the biggest tests of its subscribers' patience may come Thursday when the "Avatar" DVD goes on sale. The movie won't be available on Netflix until May 20."

Source: http://news.yahoo.com/s/ap/20100421/ap_on_hi_te/us_earns_netflix


Strong Buy