I'll let you take a look at $NFLX technicals and fundies, but I'm a bit worried about their future because of technology. Marketwatch has an article up on company that sends us movies by mail and streaming to our PCs and TVs.
I have the Wi-Fi set up and the Roku box hooked to the TV and spend a lot of time watching Indie movies. I watch more movies via instant streaming than via DVD these days. I think the whole industry is heading towards streaming content to our TVs and believe that eventually it will be cable companies that send this content into our family rooms. Ease of use will win over Wi-Fi hook-ups. Plus, a lot of folks are using those Red Box kiosks from $CSTR.
Wednesday, March 03, 2010
Putting the Brake on Netflix
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