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From: zax12/12/2011 7:44:56 PM
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Shares of Netflix soared more than 6% Monday on a report that Verizon Communications is considering buying the troubled movie renter. Verizon is reportedly evaluating whether a purchase of Netflix could provide an entry into the video delivery business, DealReporter said, citing a source close to the matter. The news comes as Netflix continues to struggle from a series of missteps earlier this year when it raised subscription prices and separated its DVD-by-mail service and streaming. Netflix's stock price plunged to a new 52-week low two weeks ago when the company warned it would fall to a loss in 2012 if it failed to boost its bruised customer base

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From: 2MAR$12/13/2011 7:43:50 AM
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NFLX $78+ gap...the figure mentioned in Bloomy here is $4.6Bil and deal possible by Easter which is about 15% premium or about $11 higher or about a $86 pps
http://www.bloomberg.com/news/2011-12-12/verizon-very-serious-about-interest-in-netflix-bibb-says.html

Verizon Communications Inc. (VZ), the second-largest U.S. phone company, is “very serious” about a bid to acquire online movie provider Netflix Inc. (NFLX), an investment banker said.

Verizon may kick off a bidding war for streaming-video pioneer Netflix that could result in a sale by Easter for about $4.6 billion, said Porter Bibb, managing partner at Mediatech Capital, in a television interview yesterday on “Bloomberg West,” citing unnamed people within Verizon.

“I am hearing rumblings from inside Verizon that they are very serious about either Netflix or something similar,” Bibb said.

Chief Executive Officer Lowell McAdam told an investor conference on Dec. 7 that the company aims to move beyond its Fios TV service into the streaming-video business.

“We continue to look at alternatives,” McAdam said at a UBS investor conference in New York. Los Gatos, California-based Netflix has a market capitalization of $4.17 billion.

Verizon, based in New York, is considering an offer for Netflix because telecommunications companies are concerned they will shoulder the increasing costs of transmitting video over their networks as providers such as Netflix, Amazon.com (AMZN) and Hulu LLC decline to share their profits, Deal Reporter reported earlier today, citing people with knowledge of the matter.

Steve Swasey, a Netflix spokesman, and Torod Neptune, a spokesman for Verizon, declined to comment.

Netflix, which offers subscriptions for video streaming and DVDs by mail, rose 6.2 percent to $75.26 yesterday at the New York close. The stock has fallen 57 percent this year.


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To: zax who wrote (664)12/13/2011 9:07:35 AM
From: 2MAR$
   of 1042
 
Took the gap to $80 short premarket , rumor deflated ..."Today's Netflix (NFLX) Rumors are 100% Garbage "
streetinsider.com 


December 13, 2011 8:13 AM EST



Today's Netflix (Nasdaq: NFLX) takeover rumors may be as good as some of the B-movies playing on the service... Junk.

Driving today's action in the stock is a report from Bloomberg citing Porter Bibb, of Mediatech Capital, who said Verizon (NYSE: VZ) is "very serious" about a bid for Netflix.

"I am hearing rumblings from inside Verizon that they are very serious about either Netflix or something similar," Bibb said.

For those that don't remember, about one year ago Mr. Bibb said the same things about Sony buying IMAX (Nasdaq: IMAX). "I can confirm that both Sony and Disney are in serious talks with IMAX about a takeover, probably at $40 per share or more," Bibb was quoted as saying.

Needless to say, these Porter Bibb rumors were 100% bunk. We would imagine today's rumors about Netflix are just as credible.

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To: 2MAR$ who wrote (666)12/13/2011 9:08:34 AM
From: zax
   of 1042
 
I thought the same thing... short opportunity.

Stock is broken.

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To: zax who wrote (667)12/13/2011 10:52:58 AM
From: 2MAR$
   of 1042
 
well covered on two dips into $74 figured there's enough dippers out there & still some feeling they will get bought ...Reed would be lucky to get $5bil though , imo... GOOG is coming on strong & taking no prisoners including AAPL ...GOOG is a monster cookie now 800lb gorilla .

hey , i got 666 post , GRUB!!

made a nice pay day today on that trade ....SPY taking a dive here , GS was very unhappy something's up

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From: 2MAR$12/14/2011 8:47:59 AM
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NFLX $71.85 ...Goldman no longer rosy on Netflix's $NFLX prospects. Resumes coverage at Neutral

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To: zax who wrote (667)12/14/2011 8:50:40 AM
From: 2MAR$
   of 1042
 
Then it bounced to $77 off $73's after my cover yesterday , but then the BIG tank eod on everything after the Fed remained neutral brought it back down 5pts ..why one takes profs & then do the reshort, crazy stuff .


AAPL was a nice short from $395 R though , ;o)

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From: TimF12/15/2011 4:18:48 PM
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Could Netflix Bring Firefly Back From The Dead?
bernardin.tumblr.com 

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To: 2MAR$ who wrote (474)12/31/2011 1:51:36 PM
From: 2MAR$
1 Recommendation   of 1042
 
"there went $305 almost & in again on the short side "

just reliving an epic moment of this past year , the moment of shorting an absolute top ! Though much money was made was well on the long side too , but never once gave up my thesis this company was so over rated , overvalued hype , with content that was cr@p .



"Netflix is dead to me "

Commentary: Netflix can now serve as a cautionary tale to CEOs

http://www.marketwatch.com/story/netflix-is-dead-to-me-2011-12-30?link=mw_story_kiosk

Earlier this year I toyed with the idea of signing up for the video service to see what the hubbub was all about. But now, as I make a to-do list for 2012, the notation of “Join Netflix” won’t be on it.

Sure, it can try to recruit my business with snappy ads or revised pricing strategies. But it won’t work.

Call me overly sensitive, but I object to what I perceive as this company’s incredible arrogance. In the past several months, Netflix NFLX -0.26% rather callously raised its prices, said it would drastically overhaul its business, then issued what sure seemed like a mealymouthed apology to its beleaguered customers.

When it comes to sincerity, the Netflix brass might as well have muttered to Main Street, “Sorry — the dog ate my homework.”

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To: 2MAR$ who wrote (672)12/31/2011 2:47:51 PM
From: ChrisGillette
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<<just reliving an epic moment…of shorting an absolute top>>

Nice call. Are you still short?




<<my thesis this company was so over rated , overvalued hype , with content that was cr@p>>

Completely disagree with this assessment.

Regardless of what you or I think about the quality of Netflix’s streaming content, the reality is that more than 20 million subscribers pay $7.99 per month for it.

And as the number of internet-connected devices increases, the demand for Netflix content should increase.

My guess – Netflix ends 2012 with more than 25 million domestic streaming subscribers.

Importantly, this is a scale business and very few companies will be willing/able to spend the $1 billion+ per year on content acquisition required to effectively compete with Netflix.

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