Monday, December 19, 2005 3:41:25 AM
John... the crapshoot investng remark was actually directed at this comment (not from you) "...Not something I give any thought to actually. What will be, will be." That seems pretty fatalistic to me.
I mostly agree with you John, but I don't see it exactly the same way. NFLX took BBI's marketshare with a new business model, completely different from BBI's. BBI attempted too little too late, at great cost, to move in with a similar business model, they apparently lost that battle. The final outcome's not yet determined but I don't think it looks good for BBI (JP Morgan thinks it does).
GZFX is attempting to move onto NFLX's turf with a very similar business model to NFLX and they have nowhere near BBI's capital to throw at it. They have partnered with CC, that'll help. My guess is NFLX is sighting in on GZFX right now and will be firing for effect real soon. It should be a fun ride for a while, but the duration?
I'm also not sure who's in whose back pocket.
I mostly agree with you John, but I don't see it exactly the same way. NFLX took BBI's marketshare with a new business model, completely different from BBI's. BBI attempted too little too late, at great cost, to move in with a similar business model, they apparently lost that battle. The final outcome's not yet determined but I don't think it looks good for BBI (JP Morgan thinks it does).
GZFX is attempting to move onto NFLX's turf with a very similar business model to NFLX and they have nowhere near BBI's capital to throw at it. They have partnered with CC, that'll help. My guess is NFLX is sighting in on GZFX right now and will be firing for effect real soon. It should be a fun ride for a while, but the duration?
I'm also not sure who's in whose back pocket.
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