NEW YORK ( TheStreet) -- For the life of me, I can't understand why anyone would be willing to buy a stock like Netflix (NFLX - Get Report), which is selling for over 37 times current earnings and a jaw-dropping 73 times forward (one-year) earnings.Don't misunderstand me. I'm one of Netflix's satisfied customers as it's one of the only sources of virtually all great movies that were made in the past 60 years that a person could want to rent.
Microsoft vs. Netflix
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