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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: Dave Jones who wrote (88)12/31/1997 9:32:00 PM
From: Mongo2116  Read Replies (1) of 351
 
Dave, I will ask him when I see him, it would make a difference to me also as to whether to invest.I can understand low percent on high volume as the business (supermarkets) I am in traditionally has 1 penny of each dollar going to the bottom line, and thats if your making money, but we are operating with about a 30 percent GROSS and can use 29 cents for payroll etc. etc. I was watching the machine today and people had bags of money for it, fascinating! What really amazes me is it hasn't jammed or broke down yet because our customers put anything they can find in our machines....even our atm machine which is down a lot. This is in N.Y.C.
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