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Netflix, Inc. (NFLX) Message Board

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  • techstrategy techstrategy Dec 8, 2010 11:15 AM Flag

    higher lows

    Yes. Going to wait for the string of competitive announcements that will drive NFLX market share of streaming from nearly 100% down to 20-25%. Not only will it fail to meet growth expectations starting early next year, it will suffer churn and loss of existing customers to Amazon, Google, and other offerings.

    Earnings multiple by mid 2011 will be 20-30. Stock will be down by AT LEAST 50%.

    BRING IT ON! NFLX versus the world. NFLX cannot win and the CFO knew it, so he wisely cut and ran...

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