Hi all,

FYI...poor Reed Hasting the fool can't catch a break...see link.

Take care,

Jay

Netflix Expects Losses to Continue in 2012
By Emily Knapp
October 25 2011 Share0 inShare.1Email This

Netflix Expects Losses to Continue in 2012 (NASDAQ:CMCSA, NYSE:TWC, NYSE:CVC, NYSE:TWX, NASDAQ:LBTYA, NASDAQ:CHTR, NYSE:T, NASDAQISH, NASDAQTV, NASDAQ:SATS, NASDAQ:TIVO, NASDAQ:VMED, NASDAQ:NFLX, NASDAQ:AAPL, NASDAQ:GOOG, NASDAQ:AMZN) | Wall St.

Netflix (NASDAQ:NFLX) shares plunged today after the company announced it expects losses in 2012, and will delay global expansion plans because of faltering results in the U.S., its first and largest market. In its quarterly earnings report yesterday, the company predicted losses for “a few quarters” in 2012.