For all you bitter longs...
Look at ALL my Netflix posts dating back to nearly a year ago PRAISING Netflix...IF and ONLY if they issued a secondary above $180 per share to raise over $1 Billion and bolster the balance sheet.
They didn't. They will now most likely fail.
Amazon is in a position to completely dominate the physical as well as virtual goods world.
Jeff Bezos is RIGHT UP THERE with Steve Jobs in my opinion.
They both share the critical VISION needed to endure long term.