> I'd think settling somewhere between 30-40/shr. is a good premium. $30-$40/share would give it a P/E multiple of between 7.5 and 10. Netflix has trailing 5-y

> I'd think settling somewhere between 30-40/shr. is a good premium. $30-$40/share would give it a P/E multiple of between 7.5 and 10. Netflix has trailing 5-year EPS growth of around 35%. You may hate the company and the stock, but $30-$40/share would have it trading at a discount to other companies with similar growth histories. There's no case to be made for $40 being a premium for NFLX.