OT Sentinel, GZFXskeptic - I do not think that Reed will be doing anything like that. I have been following NFLX, BBI, MOVI, Hollywood Video and the whole Rental Industry since I got into GZFX.
1 - Reed Hastings has sold ALL of his Direct shares 2 - And Is Selling his InDirect shares. 3 - He Has moved his family to another Country. According to NFLX's 2Q 2K6 Web Cast 4 - Starting 2005 Netflix was working with No profet according to 3Q 2K4 Web Cast, and has been pumping ALL funds into advertising, because October Web Cast 2004 NFLX lost a lot of customers because of their price increasing to their customer $4.00. They lost a lot of customers to the point that Reed said they would have to work a year or so with NO PROFIT. Just to restart the Company. According to the 3Q 2004 Web Cast 5 - Look at the NFLX I Hub board and you will see that no one has been on the board since I told the that Reed was selling his shares. (http://www.investorshub.com/boards/board.asp?board_id=1850) My Speculation is that NFLX will be sold or something once Reed has unloaded his shares. After a few weeks Reed put 2400 shares back into his Direct Share account.
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