The stock market’s rebound has been so fast and furious that it might make folks forget that we just experienced a nasty credit crisis and market downturn. Have sinking home values not registered with the national psyche? Surf around on Zillow.com and witness the vast amounts of wealth disappearing over the last few months as homeowners see their most significant asset crumbling on a shaky credit foundation. Of course, institutional money managers are the ones buying furiously and fueling this market rebound. It is entirely plausible that, unlike the average …

I wrote about my short thesis on Netflix (NFLX) just about ten days ago. The company just the other day reported growing earnings but disappointed with a weak outlook. The stock fell a whopping 24% as investors ran for the exits. The market responded negatively to the increase R&D costs for developing streaming technology that would allow the company to deliver long-form digital video content over the Internet. These recent expenses have slowed down profit growth and promise to weigh on foreseeable future earnings.
My short thesis …

With so much at stake, the future of video promises to be a most entertaining saga. Many players are trying to figure out how to navigate the shifting technological landscape. How video entertainment is created, delivered, and sold is changing with breathtaking speed. New competitors are entering the market and current leaders are scrambling to defend their turf.
Blockbuster (BBI), playing the part of copycat, will soon announce a set-top box similar to what Netflix (NFLX) unveiled at the Consumer Electronics Show earlier this year. The two companies have seen their …