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dd101dd102

10/14/04 6:27 PM

#7296 RE: wickw50 #7294

Good point on the "we're here too front". I know I'll get labeled an stock hugging pumper for this but my reasoning is as follows. NFLX drops price to $18.00. BBI similar plan is at $19.99. That's a huge discount. With the announcement they know they're setting the bar pretty low for AMZN, who I'd bet won't go with a 3 out plan above $18 after the AMZN news. $19 would have undercut AMZN by a buck (5%) and given NFLX a better than break even year in the bag. So why do they do it? Because 1) they wanted AMZN to reconsider, and 2) they're aware of all the PUBLIC companies in the field, including GZ.


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FinancialAdvisor

10/14/04 6:49 PM

#7299 RE: wickw50 #7294

doubtful on the rise, especially considering the recent s-8, what was it for? 100,000,000 shares?