Outerwall (OUTR), formerly Coinstar (CSTR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Outerwall (OUTR), formerly Coinstar (CSTR)

OUTR 52.00

0.0%

Sep 28 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: joe_investor who wrote (55)	12/9/1997 9:17:00 PM
From: Mongo2116	Read Replies (2) of 351

We got one of these machines in my store last week after waiting quite awhile. The paperwork that came with it said they cost 25,000 per machine and the store gets 3% of the 7.5% which leaves coinstar with 4.5 gross. Thats not much to work with is it? What do they do with all those coins, it seems that would be a labor consuming effort to redeem the coins they just redeemed. The machine is popular but is it profitable. Other public companies that interacted with my type of business such as CATALINA, (coupons) and CHECKPOINT (security) have done well share value wise, so I thought I would check this out tonight. It is a great idea. GENE

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next