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oneinamillion

03/25/06 10:06 AM

#125942 RE: Mikey #125928

Correct-why do you think AMD has been supported so much by the market/industry vs. INTEL-who if left unchecked would have wiped AMD off the face of the planet. Agreed, I don't think Blockbuster and their investors(Carl Ichan) have the heart for this anymore. They may be looking for an out over the next year. VOD/downloadable will only continue to damper their outlook on what can be accomplished -though 5 or more years away in any big demand type way-They will look that far forward. The online part is profitabe though and NFLX(profitable too-just online) is loving being the only really player in town-for now.
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AC_

03/25/06 10:17 AM

#125960 RE: Mikey #125928

GZFX's market cap is only about $30 mill right now. Announcing an immediate nationwide CC rollout and the virtually guaranteed #2 position in the disc rental space makes GZFX a BIG takeover target. Keep in mind NFLX is worth about $1500 mill now. ANY retailer or competitor could buy GZFX with their spare change at this price. It's likely that takeover bids have already been discussed.

Of course JF has increased the A/S to allow for a 13D poison pill. This PROTECTS us shareholders from a "cheap" takeover bid. GZFX's value just increased BIGTIME last night and many know this. It would be poor management to announce a deal of this magnitude and not allow the company and shareholders to enjoy the growth by protecting us from a quick buyout. A near-term filing should spell this out soon.

Poison Pill:
"A tactic by a company targeted for takeover to make its stock less appealing to the acquiring company in the hope of blocking the takeover. For example, the company might issue preferred stock that gives shareholders the right to redeem their shares at a premium after the takeover."
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greengiant

03/25/06 11:20 AM

#126030 RE: Mikey #125928

xbigshot1 ----- LOL LOL LOL

You did great. Sorry for taxing your brain this early but actually it was late last night when I made that post. I do not post much here but have been here since back in Nov.

I watch and read several of the regulars on here and really respect what you have to say and the vast knowledge you and some of the others have.

THANK YOU ALL FOR ALL THE INFORMATION OVER THE PAST FEW MONTHS! I HOPE EVERYONE THAT HAS BEEN HERE AND STAYED WITH THIS THROUGH THE TOUGH TIMES GET A NICE NEST EGG OUT OF THIS!

Where in TX you from? I live in the Dallas area.