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Non-Tech : Outerwall (OUTR), formerly Coinstar (CSTR)
OUTR 52.000.0%Sep 28 5:00 PM EST

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To: robert duke who wrote (220)6/24/1999 10:21:00 PM
From: SlateColt  Read Replies (1) of 351
 
No target price.

I'm not a trader, I typically buy and hold. Buy a good company and hold it indefinately unless something changes. The stock price will take care of itself.

One things for sure, CSTR just issued 4 million more shares at $22 3/8 that were gobbled up. Seems they're going to use part of it to pay down some of their debt and the rest for capital needs. They are cash flow positive and could turn profitable for Q4 99. Installations are well-ahead of estimates for the quarter (over 5700 now and growing).

---Slate
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