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A comment on The bottom is dropping out of Netflix. Parent comment

Re:The bottom is dropping out of Netflix by Silhouette on Friday April 22, 2022 @06:53PM (#31129224)
Many of the big tech stocks are insanely overpriced according to traditional investment measures. The rational reasons to support those prices are expectations of similarly extreme future growth or a belief that it might be a speculative investment but the dollars will keep pouring in.

The discussions this week aren't just a wobble, they're about whether Netflix can still generate that kind of extraordinary future growth. If there's even a strong hint that it might not then the speculative bubble bursts. If there's a serious expectation that it won't then the growth investors are out as well. One stock price crash, coming right up.

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Re:The bottom is dropping out of Netflix by scarface74 on Friday April 22, 2022 @07:10PM (#31129379)
Netflix was never a “Big Tech stock”. It’s revenue was nothing compared to the Microsofts, Apples, Amazon’s and Google’s of the world.
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Re:The bottom is dropping out of Netflix by Silhouette on Friday April 22, 2022 @07:19PM (#31129453)
It's literally the N in FAANG, a term that came from the investment world and referred to (at the time) the five tech stocks that had the most impressive performance.
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Re:The bottom is dropping out of Netflix by scarface74 on Friday April 22, 2022 @07:30PM (#31129552)
It was treated that way by one commentator on MSNBC.

But let’s not forget that the original term was FANG and didn’t include Apple - the most valuable tech company or Microsoft that has been in the top 5 since 2000.

Netflix is around #50 in the most valuable companies - it at least it was.

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Re:The bottom is dropping out of Netflix by TedDoesntTalk on Friday April 22, 2022 @07:45PM (#31129686)
On one hand, their product is not tech… it’s media. On the other hand, they’ve invented some of the best tech and have some of the best engineers.
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Re:The bottom is dropping out of Netflix by scarface74 on Friday April 22, 2022 @07:53PM (#31129753)
Their streaming tech is a commodity. Any media company can throw money at someone like BamTech (now owned by Disney) and spin up streaming infrastructure.
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Re:The bottom is dropping out of Netflix by TedDoesntTalk on Friday April 22, 2022 @08:20PM (#31129945)
I did not know that. Certainly wasn’t true in the past. Glad to hear it’s democratized!
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Re:The bottom is dropping out of Netflix by stubish on Saturday April 23, 2022 @11:47PM (#31141128)
And Streamotion (streamotion.com.au), part of Foxtel.
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