E-Commerce Times Talkback

Re: Netflix Debut Signals IPO Renewal
Posted by: Keith Regan 2002-05-23 22:42:55

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Providing more evidence that the IPO market for Internet offerings is slowly reviving,
DVD rental site Netflix sold 5.5 million shares of its common stock at the top of its
price range. "The company enjoys explosive revenue growth and is displaying good cost
control," Morningstar.com IPO analyst George Nichols told the E-Commerce Times. The
Netflix IPO represents the second pure-play Internet offering this year -- PayPal was the
first -- and arrives as Overstock.com prepares to hit the market, possibly as soon as
next week.

Re: Netflix Debut Signals IPO Renewal
Posted by: jrking123 2002-05-23 22:48:34 In reply to: Keith Regan

Good - maybe now they can buy some more movies and reduce the amount of "short/long/very long wait" messages I see next to a majority of the movies in my queue.
I love 'em, but I have been waiting months for some movies!