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Rhythm88

01/08/12 7:41 PM

#69055 RE: MNYC #69051

That is a nice opinion piece..... opinions are like......hehe
Here is a chart that already reflects the mistake Netflix made. What we have now is the correction from the drastic drop in share price. Trend is your friend. :)
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Suspect

01/08/12 7:50 PM

#69057 RE: MNYC #69051

lol That article is hilarious. As of October 2010 68% of households in the US have access to broadband capable of streaming video. An increase of 4% over the year before. Netflix isn't discontinuing its DVD by mail offering. They are noticing more growth in streaming than DVD by mail so they have positioned their pricing plans accordingly. Netflix took a short term subscriber hit to be better positioned for future global growth in higher margin product offerings.