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reeltimeking

05/13/08 4:32 PM

#37445 RE: cowboyfan #37441

Netflix doesn't need ReelTime, but Blockbuster could certainly use it. If I were CEO of Blockbuster, I would be tryng to buy RLTR, ICTN and Grid Networks, or offer shares in return. Someday this company could be worth a lot to an outfit with money to see it through the lean times.
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ReelTimer

05/13/08 4:36 PM

#37447 RE: cowboyfan #37441

Coyboyfan, why do you say "RLTR is worth 50-60 million for a Netflix or similar company to buy them out." What makes them worth so much? What assets have they got to sell? Actually, from what I can see the pps is about right. Value is in eyeballs, read subscribers. IMO Reeltime has little else to sell.

No, the fight is forward from here. Hoping for a buyer is a waste of time. It is time for the company to execute. "The time is now!" as our CEO has said. All we can do is wait for announcements, or maybe the financials will include a surprise.