Interesting look at where Netflix is today and how it got there.
I don't think there is any way the stock ever gets back to the $300 neighborhood it was in 2011 but I am bullish on the stock. I think the company can either get acquired or it can become the on-line equivalent of HBO.
HBO has a big advantage in original programming because of its long history and the subscribers expectations of quality from the HBO brand but Netflix's on-demand library beats HBO's channels showing the same movies over and over.
The article is worth the read.
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