Are they short their own stock?
I think someone has figured it out!
Are they short their own stock?
Netflix CEO Hastings in his blog yesterday here
To summarize
1) Sorry, I made a mistake. Please forgive me, it's my first.
2) We're gonna split in two businesses. One streaming, one dvd rental.
3) Dealing with two of us will be much better and easier for you the customer.
Even worse, he seems to be saying the mistake was not what they did but that he didn't communicate it more effectively.Saw this in my email today. Struck me as very strange. Why should I care that he 'made a mistake' if he isn't going to do anything for me (change the rates/conditions)?
This has to be a key factor here.Maybe they fear the postal changes (rates, limited delivery days)
Read in the local paper this morning that Verizon will launch a movie streaming option of their own. Everything in our house is Verizon FIOS and with the Blue Ray player and Verizon streaming, I think we have all the bases covered. All this is a boon to DW. For the most part, I hate movies because I don't have the patience to sit still that long. Has to be something special to hold me that long. I mentioned some time ago, the last movie I saw at a theater was Titantic.
............ the last movie I saw at a theater was Titantic.
Sounds like you need to subscribe to the Short Attention Span Network...I thought I was the only one who doesn't care to watch movies. I have the HBO and Showtime channels, and I haven't watched a single movie on either. I planned to join Netflix when I retired, until I realized that I just don't have the patience for movies. I have a DVD player and haven't even bothered to hook it up to the TV.
I do watch TV, but shorter shows for the most part.
Sounds like you need to subscribe to the Short Attention Span Network...
For the most part, I hate movies because I don't have the patience to sit still that long.
Johnnie, I am exactly the same way!
I confess, I have the same problem. I simply can't sit through something that lasts longer than 1 hour, and doesn't have "breaks" (i.e. commercials I can mute and ignore). I have trouble getting through my owned DVDs more than 1/2 hour at a time... Pretty bad!
Audrey
Sounds like you need to subscribe to the Short Attention Span Network...
Yes, so do I. However, it helps to have a DVR, since watching HBO over DirecTV, when my mind begins to wander, I can just press the Pause button on my remote, and go do something else for a while, or watch something else, then return and press Play to continue. DVRs are great for flibbertigibbets. I don't have enough bandwidth to stream good quality picture and sound, and don't have the incentive to buy more bandwidth, since I don't care to be chained to my TV screen, anyway. There's a bit of a war going on between TV watchers, on the one hand, and advertisers and content providers, on the other, who get more and more nervous as consumers gain more control over the programming they watch.Sounds like you need to subscribe to the Short Attention Span Network...
Yes, I think it's the passivity of just sitting and watching that gets to me, even if the content is top notch. And most content is NOT top notch.
I watch mostly Spanish language content now, and I think I prefer it simply because of the intellectual challenge/stimulation of comprehension in a 2nd language.
Audrey
So for $27 dollar a month and several hours a month of my valueless time, I will teach Netflix a lesson!!
Of course, I was not serious. Redbox is fine, but does not have many of the titles that I am interested in.
Netflix as a stock was not a great deal, IMHO. But, as a company it was and is a good deal for many of us. Often we must realize that a great company may not make a great stock and visa-versa.
And it was a good deal and no longer is for many of us.Of course, I was not serious. Redbox is fine, but does not have many of the titles that I am interested in.
Netflix as a stock was not a great deal, IMHO. But, as a company it was and is a good deal for many of us. Often we must realize that a great company may not make a great stock and visa-versa.