NetFlix(NFLX) to Replace NY Slimes(NYT) in S&P500 (Dinosaur Media DeathWatch™)

Investors Business Daily ^ | 12/09/2010 | Carla Mozee

[rhinohunter]

Standard & Poor’s late Thursday said Netflix, data-storage provider F5 Networks Inc. (NFX) and oil and gas company Newfield Exploration Co. will replace the New York Times Co. (NYT) , Office Depot Inc. and Eastman Kodak Co. in the S&P 500 Index (SPX) .

[rhinohunter]

Looking forward to NYT stock trading on Pink Sheets!

[Jack Hydrazine]

Time to short The Slimes!

[streetpreacher]

This won’t last long. I and many others have abandoned NetFlix because they have abandoned Blu-ray and are trying to force their subscribers into their crappy streaming service.

Blockbuster is making a comeback (never thought I would say that).

[iowamark]

On CSPAN's Q&A interview program last Sunday Brian Lamb had John Burns, the London bureau chief on the NY Times. He said that he was looking forward to great new profitabilitly for the Times.

[Zakeet]

Carlos Slim's company just took another important step on its way out of the Wilshire 5000 ping

[2ndDivisionVet]

[Michael.SF.]

Damn! and I just sold all my NFLX stock at $205 a short time ago!

[Rocky]

I’m sorry to hear about Office Depot and Eastman Kodak.

[Rocky]

If I need something to line my bird cage, the Times will do in a Pinch.

[dennisw]

If you are a big deal NY Times columnist these days like Maureen Dowd or Paul Krugman..... I don’t think you are getting paid much compared to five years ago. The money just isn’t there to pay you

[HospiceNurse]

Christine will make stocks good. Smarty elites will have 2 watch her win on Survivor-South Beach and suffer COD Derangemint sin drome.

[ImaGraftedBranch]

You are wise for selling. THeir business model is about to go belly up. They don’t own “the last mile” of content delivery - cable/telecomms do, and soon they will start charging Netflix because Netflix is around 20+% of after-hours traffic. Also, it would take little money for cable/telecomms to deliver movies the same way using their own lines.
Netflix’ CFO just booked when their stock hit their peak around 220 or so. He knew it was fantasyland for the long-term. This will be the shortest run a company ever had in the S&P500.

[Tanniker Smith]

Wow. Just frickin' Wow.

Expect a run on the stock as funds have to buy it.

[TomGuy]

it would take little money for cable/telecomms to deliver movies the same way using their own lines

Delivery, yes. Distribution rights, no.

Distribution rights fees are rising rapidly. What cost a few $million a couple of years ago are now costing a couple of $hundred-million.

[Michael.SF.]

Thanks for the good comments.