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More on Netflix (NFLX +1.3%): Nomura's Michael Nathanson provides some bullish commentary,...

More on Netflix (NFLX +1.3%): Nomura's Michael Nathanson provides some bullish commentary, arguing industry-wide spending on online streaming rights will slow as upstarts such as Amazon find it difficult to justify purchasing "a 'me too' set of content rights" to without having a streaming revenue base that justifies it. Perhaps, but Amazon has been quite willing to absorb losses in other areas. (earlier)
Comments (1)
  • As soon as there is any red on the screen for NFLX due to fundamental problems with the company we get bombarded with rumors and analysts talking their book.

     

    Works until it doesn't. $130 for NFLX by tomorrow most likely.
    6 Feb 2012, 01:29 PM Reply Like
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