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Netflix, Inc. Message Board

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  • kingfishercaughtfish kingfishercaughtfish Apr 5, 2011 12:06 AM Flag

    MATH DOES NOT ADD UP

    gReed Hastings shamelessly touted 300 millions US individual subscriber as the high end for possible netflix subscriber!

    He was then asked by the interviewer that "it would mean every member in the family to subscribe separately to netflix"! He then backed down and said the existing 100 million household with TV sub could be another number.

    It just goes to show that gReed Hastings is overly bullish about netflix's prospects. He is an eternal optimist.

    He is now comparing netflix to ATT and Verizon.

    but he forgot to admit that Verizon and ATT has a much lower P/E.

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