expectations are starting to ramp up again and the shares are getting ahead of themselves. The PEG ratio is 1.50,( PE/ expected growth rate) and that represents no bargain according to guru Peter Lynch. A 50% earngs gain in 2012 seems a bit unrealistic, and the shares are nearly up $40 since the earnings announcement, How long will it take NFLX to earn $40? 1800 days? It went up $40 in three days!!