Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!


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To: Ira Player who wrote (14149)2/24/2004 6:58:06 PM
From: Bridge PlayerRead Replies (2) of 14162
 
<<Todays drop may be the start of a fall...why play with those darn mailing envelopes if you can just go to the shopping center and get the movies you want NOW from Hollywood!>>

Hi Ira,

I am at a loss to understand your reasoning.

As a Netflix subscriber, and speaking strictly for myself, why on earth would I want to have to go out in my car to a shopping center to get a DVD when I can have it delivered right to my door? Especially when I can choose from 15,000 titles. With postage paid both ways.

And if I'm not going out for any other errands, my friendly postman (yes, I do know they are not obligated to do so) will pick up my return from my mailbox. Two days later (I live in an area with 1-day delivery after shipment) I have my new movie.

Since joining my wife and I probably average 3 or 4 DVDs a week, and have enjoyed the service hugely.

There is an excellent chance I will never set foot in a video store again.

IMO the far greater risk to Netflix and Hollywood both is expansion of movies on demand via cable.

And even then there is no competition on rates. At 12 or 15 movies a month they are less than 2 bucks each. My current rental queue contains about 25 titles and I am one happy dude.
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