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Netflix (NFLX +4.2%) moves up on positive comments out of Credit Suisse today, saying its strong...

Netflix (NFLX +4.2%) moves up on positive comments out of Credit Suisse today, saying its strong competitive position hasn't changed with the recent announcements by Verizon (VZ -0.9%) and Coinstar (CSTR -0.8%), or with Amazon.com's (AMZN -1.1%) streaming deal with Viacom (VIAB -0.9%).
Comments (1)
  • While technically true as AMZN is still developing the service and VZ CSTR service won't launch until 2H2012, so their near term performance won't be impacted.

     

    Their future will be squeezed significantly by the new entrants to the field.

     

    NFLX's cash position and balance sheet don't allow for a stumble. If they don't get constant growth, they'll tumble. More entrants onto an already near saturation domestic market will only muddy their growth opportunities.
    14 Feb 2012, 04:48 PM Reply Like
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