Shares of online DVD-rental pioneer Netflix Inc. (NFLX) dropped 5% Friday on concerns about the company's outlook and increasing competition from DVD rental kiosks. 
The stock recently traded down $2.27 at $43.05, a day after Netflix issued quarterly results.
At Lazard Capital Markets, analyst Barton Crockett, who has a sell rating on Netflix, said that despite an "impressive" quarter, earnings that topped analysts' estimates and raised 2009 subscriber forecasts were already priced into the stock, which has jumped nearly 50% since the beginning of the year.
Crockett also said the company's argument that kiosks are nothing to worry about "was not especially compelling."
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