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>> MICROSOFT Latest News

JAN 31, 2013 - TheStreet

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Netflix Probably Should Be Bankrupt, Stock Closer To Zero

NEW YORK (TheStreet) -- For competitive reasons, I like to pick on Seeking Alpha, but I have to give credit where it's due. J Mintzmyer wrote an excellent article claiming that "Netflix Narrowly Avoided Doom In 2013." While I disagree with his view of Amazon.com , I'm on board with pretty much everything else, particularly: Netflix's latest sleight of hand is the move to explore taking advantage of the current low interest rate environment, while stating it has sufficient cash on hand to fund expenses. This is not true. In fact, if Netflix had not issued additional debt, there is a ... Read More

Tags: Netflix Probably Should Be Bankrupt, Stock Closer To Zero,  Microsoft Latest News