Debra Borchardt: Loved, but $16 a month versus $8 a month, and I know that Redbox doesn't have...
Jim: Price war.
Debra Borchardt:...the same amount of movies, but yes, price war.
Jim: No, they don't. Well, don't take away my Netflix.Debra Borchardt: You're willing to pay $16 a month. Jim: I love Netflix. I really...I love to buy, watch things. I'm a binge viewer just like Reed Hastings talked about. I like to watch five hours in a row, watch with my kids and Netflix is instrumental. They always say, 'Dad, why are you using anything other than Netflix?' Debra Borchardt: It sound like then you expect that Netflix will probably take a beating for a short-term, maybe then? Jim: Well, I just think it's a trading vehicle. My problem with trading vehicles is that at a time when the fiscal cliff is bad and every day you have retail starting to roll over, it seems to me like why do I want to get involved with Netflix? If Costco (COST)puts a great number and it can't soar, although Costco would run in anticipation, why can't Netflix revisit that level that it was at before. So Netflix is a battle of the shorts versus the longs and those are battlegrounds, and I learned a long time ago, can't get an edge. So I'm staying away. Debra Borchardt: All right. Jim will buy Netflix the product, but not Netflix the stock. Jim: Yes, exactly right. --Written by Debra Borchardt in New York.
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