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Netflix, Inc. (NFLX) Message Board

  • wwwhead222 wwwhead222 Jul 27, 2011 2:09 AM Flag

    Cancelled DVD, Keep streaming

    Today I cancelled my 2/month DVD subscription, but will keep the streaming for now. I guess Netflix will only lose $2 per month from what I am currently paying and not have to mail me any DVDs.

    Maybe that justifies the sky-high P/E given the lack of competitors ramping up, shrinking content costs, and fact that Internet providers will never charge a premium for extra bandwith consumption. (sarcasm - opposite day)

 
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