FYI: Price of NFLX on March 29, 2005 was 10.10. Today Sept 9, 2005 - 24.97
Date: Tue Mar 29, 2005 11:41 am (YahooGroup)
Netflix is a stock and company I have followed for a long time.
This company will now have approx 600 - 700 mil in revenue. Market capof 535 MIl and cash of 175 Mil.
The only reason I wasn't holding this stock was because I wanted to seeif the 2 dollar difference that they have with BBI online rentalswillslow them down or not. It did once in the past where growth sloweddown a little. Not any more.
Subscription 2.6 Mil at year end 2004 and 3 Mil now.
Bottomline... they have had a run from 9 to 10.1 essentially over thelast 2 days but its a long term buy. The above piece of information isa big big plus.
