Buy at Netflix's current market cap of $10 billion when it was only $3 billion a few months back? Boy, would that look stupid.
Pay maybe $15 billion (50% inducement premium) for a company that hasn't proven it can earn money?
Companies like Microsoft and Apple are capable of stupidity when they panic worrying about future business development. Remember Microsoft's SKYPE deal?
But I don't think so, not at this price.
If apple wanted streaming they would just create there own site. No need to buy anyone. Period.
Hi, lifesweet, I like XES and PFF very much. Much more room to go up. Still long on BBY, JCP and HPQ. These under dogs will become shinning starts in 2013.
I have RDN. It was beat down to $2 that street thinks that it was going under. It is over $10 now.
Maybe all the MS employees could pool their money and short the heck out of NFLX to bring the buy price down ;-)
Great idea! Put those SKYPE profits to work.