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Blockbuster Inc. Message Board

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  • david11223 david11223 Nov 13, 2006 6:38 PM Flag

    blockbuster help

    Wow thanks I am canceling my netflix and joining blockbuster the end of the month.

    Hey I might even nibble on this stock. But can you guys tell me do you think honest will blockbuster post a lost next earnings. I am sure alot of people will cancel their netflix and join blockbuster but wont it cost alot to operate this new program due to also the postage was already paid for. And wont the blockbuster stores be out of movies due to so many new customers at the stores. Wow my head is dizzy. Stock might be a buy here.

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    • I did the same several months ago (cancelled the red envelopes in favor of the yellow Blockbuster ones) and I have been a happy subscriber ever since.

      I used to own NFLX stock back when they were at $19 and sold at $26. Now I am going long on Blockbuster at $4-5 and believe they have the potential of going to $7-10 within a 6-month period (Q4/Q1).

      A company only pays for pre-paid postage when the customer mails the item back. Total Access should decrease postage fees because B&M stores should be able to consolidate the DVDs and mail them in bulk, decreasing postage costs. You can still mail them back if you prefer.

      I thought the same but I went to BBI on a Saturday night (when most DVDs should have been rented out) and still found 2 movies I wanted to watch. There were still plenty of movies to rent. While many of the very recent releases were rented out (would have happened regardless of the implementation of Total Access) there was still a lot of new movies to rent (i.e., Monster House, Fast N Furious, Lake House). It was a nice change of pace to be able to browse the DVD selection with my GF (instead of browsing online) and choose what movies to rent.

      • 1 Reply to notorious_cyc
      • on_like_donkey_kong33 on_like_donkey_kong33 Nov 13, 2006 11:27 PM Flag

        "You can still mail them back if you prefer."

        Yes, but you can't mail back the free movie you got from the store. You have to take it back to the same store and return it in the store (not in a drop-off box) and there is a due date for that free movie. Kind of reminds you of why you switched to online renting in the first place, doesn't it?

        From BBI's perspective, they are letting you take away movies for free from potential paying customers. That should produce "narrower losses", huh? (I doubt that the terms "larger profits" or "positive cash flow" are terms used much around BBI anymore)

 

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