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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: joe_investor who wrote (47)12/2/1997 11:27:00 PM
From: Gerald Thomas  Read Replies (1) of 351
 
New report from a few weeks ago...

highlights after last quarter...

Coinstar continues to execute as planned...coin volumes continue to grow faster than unit installs ...equal to or better than aging model
would predict...increased market density continues to drive improving operating margins...unit installation growth remains powerful...well within company's targeted range...new coin initiatives such as tv advertising and charities programs continue to add visability to future volume growth...

They visited contract manufacturer of machine and confirmed that they could produce 2000 machines a year with one shift and increase
to more by adding a small second shift...

machine margins for '97 and '98 should go from 26% to 40%...
company revenues from 25 million to 64 million...
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