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7 pts

Opinion on Netflix Inc (NFLX) Sector: Services > Industry: Recreational Activities
NFLX is a SELL!!!

May 20, 2008 02:56 PM UTC

Jeff Davis

Return	Risk
+1.98%	LOW

Sr. Analyst

Profile & Performance

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This pick is about: NFLX

Rating:	$33.78 (05/20/08)
Gain/Loss:	+28.09% in 145 days
Target:	$28.00 (-17.11%) in Three months

Netflix was upgraded today by Lehman Brothers on a device that can stream movies from your computer to your tv. The stock is up over %8 on the news. The player cost $99. This is a great idea, but many other company's exist. Many other companies will get in this area (apple,microsoft,amazon,tivo),to name a few. Will costomers have enough money to pay for this upfront, when gas is at $4 a gallon. Early adopters will get the service, but Netflix depends on a very large mass market. Most people don't want another box to hook up. I just think eventually the cable companies like time warner will do this with microsoft or apple. To much competition!!! SELL on the upgrade or hold short.

SocialPicks Sentiment on NFLX:

Netflix Inc (NFLX)

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This Quarter's Sentiment:

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69.0%

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50.0%

Comments (1)

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Weiting Liu

41%

1 point commented 145 days ago reply

I'd say BUY Netflix! : )

Yes new competitors are coming but they've been here long enough AND surprisingly have been relatively innovative. In 5 years Netflix halo will probably fade away but I believe they'll still be strong in the next year or so.

see also:
http://www.socialpicks.com/discuss/show/1237