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Netflix profit to be used to buy back stock
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The following comments relate to this news article:
article published on 2 February, 2008
Netflix has announced a plan to buy back $100 million in stock by the end of the year. After the company endured their first real competition ever when Blockbuster was seen as a serious competitor, and even managed to take some customers from the leader in online DVD rental. However, with Blockbuster appointing a new CEO whose focus on profitability has changed that company's focus from ... [ read the full article ]
Please read the original article before posting your comments.
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Senior Member
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3. February 2008 @ 15:50 |
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I'm more worried about MY welfare in the ressesion that WILL come. If the new president can't fix it we have a problem. And unfortunately instead instead blaming the one caused (Bush) they will blame the one that was currently in office.
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Member
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3. February 2008 @ 16:26 |
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Originally posted by 21Q:
I'm more worried about MY welfare in the ressesion that WILL come. If the new president can't fix it we have a problem. And unfortunately instead instead blaming the one caused (Bush) they will blame the one that was currently in office.
What did that have to do with Netflix?
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Member
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3. February 2008 @ 17:01 |
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Quote:
Originally posted by 21Q:
I'm more worried about MY welfare in the ressesion that WILL come. If the new president can't fix it we have a problem. And unfortunately instead instead blaming the one caused (Bush) they will blame the one that was currently in office.
What did that have to do with Netflix?
Nothing, but 21Q saw the word recession and wanted to look smart by dropping a Bush reference. I just hope Netflix is able to continue doing what their doing. I like their service, both the rent and streaming.
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Newbie
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4. February 2008 @ 22:20 |
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I think this is an interesting move on Netflix's part especially since their current stock price is 25.89 as of today's close, which is about $10.00 above their 52 week low. This is gonna cost 'em quite a bit no?
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Senior Member
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4. February 2008 @ 22:24 |
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Quote:
Quote:
Originally posted by 21Q:
I'm more worried about MY welfare in the ressesion that WILL come. If the new president can't fix it we have a problem. And unfortunately instead instead blaming the one caused (Bush) they will blame the one that was currently in office.
What did that have to do with Netflix?
Nothing, but 21Q saw the word recession and wanted to look smart by dropping a Bush reference. I just hope Netflix is able to continue doing what their doing. I like their service, both the rent and streaming.
Or could be that just like Netfilx, I am concerned.
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kubapolak
Junior Member
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11. February 2008 @ 21:29 |
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I am a fan and user of netflix. I used to go to blockbuster all the time but I never picked up on their online service.
I do like the competition, I believe it helps the prices stay lower and offers superior customer service.
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AfterDawn Addict
6 product reviews
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27. February 2008 @ 01:03 |
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Netflix was soo busy trying too keep blockbuster at bay they forgot to pay attention to apple's charge for their market share i guess thats wat shareholders are really worried about.
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