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Netflix, Inc. Message Board

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  • ultimateinvestor ultimateinvestor Feb 17, 2011 8:26 AM Flag

    Netflix-- Challenges ahead

    Have you ever been to China and India? Do you think Netflix is like Mcdonalds?

    Oh, and you think everyone in a household withh get their own sub? There are only 115 mil or so household, thats it and if you think netflix will take more than 20-25 you are sadly mistaken. Subs will move form one service to another and try different libraries of movies.

    This will be a grocery like business, very thin margins.

    A PE of 80 on aggressive accounting is spelling doom for longs.

 
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