Hi all,

Netflix lost another 800,000 customers this 1/4 (25% more that Netflix predicted), and that's on top of the 1,000,000 it lost last 1/4....Netflix shares shed $31.19, or more than 26 percent, to $87.35 in Monday's extended trading....that's a loss of $31.19 IN ONE DAY!

It's the latest setback for a former stock market darling whose shares topped $300 just 4 months ago. Netflix's market value had already plunged by about 60 percent, or nearly $9 billion, before Monday's late sell-off.

Take care,

Jay

October 24, 2011
Netflix Stock Plunges on Brutal 3Q, Somber Outlook
By THE ASSOCIATED PRESS


Please see the following link:

http://www.nytimes.com/aponline/2011...gewanted=print