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Old 10-26-2011, 09:46 AM  
PR_Glen
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Quote:
Originally Posted by GatorB View Post
800,000 out of 24 million. That's 3%. Also most were on the DVD side. And most of those were 1 DVD at a time people which is a money loser for Netflix. Trust me Netflix makes MUCH more money form the people paying $8 for streaming that they do from the people that pay $8 for DVDs. Netflix is trying to move away from DVDs. They called themselves NETflix not MAILflix. And if those 800,000 retards think they'll be geting a better deal somewhere else they are in for a shock. Redbox charges $1 per DVD. Blockbuster cheapest DVD plan is $10 a month. No streaming option included.

Also funny how they lost 800,00 customers yet.....

Earnings rose to $62 million, or $1.16 per share, compared to $38 million, or $0.70 per share, in last year's third quarter.
with that being said, would you say that stock is under valued now? or is it going to stay where it is? after the hype dies.
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