Can you elaborate on why you don't think they are overvalued? Not arguing to the contrary, but that's a claim that warrants backup with data. For example, ther

Can you elaborate on why you don't think they are overvalued? Not arguing to the contrary, but that's a claim that warrants backup with data. For example, there are several negative factors they deal with and I wonder what impact that could have. Things like studios getting harsher on their licensing terms now that Netflix has more competition and less clout. Or the economy appearing to slow down causing people to pull back on entertainment and just watch DVDs or TV.