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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: Gerald Thomas who wrote (64)12/13/1997 2:35:00 AM
From: Dave Jones  Read Replies (1) of 351
 
Gerald Thomas, thanks for your help. But to me it makes a world of difference whether or not CSTR is keeping the whole 7 1/2%. If CSTR keeps the whole 7 1/2% we've got a stock that could explode upwards eventually, otherwise if they only get about 1/2 of that then the overhead would not leave much to spare. Remember, once they clear their overhead expenses, it is pure gravy. So 7 1/2 vs say 4 % is day vs night. One bit of good news from the 10Q is that CSTR has almost no competition - just 2 companies with about 50 machines each: peanuts.
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