Click here to read his thorough analysis -- in my view, it is a "must read."
Friday, December 02, 2011
Online video pundit Dan Rayburn just published a post in which he gives a detailed "blow by blow" analysis of the fundamental flaws in Netflix's business model. Bottom line -- he certainly is not an optimist of the long-term viability of Netflix (as a stand-alone company) amidst the increasing competition of other services offered -- or that will be offered -- by Amazon, Google and others. I agree with virtually every point Dan raises -- and have always been a bear on Netflix's stock prices (no matter how high or low, and even though I am a Netflix subscriber ... for now).