SI
SI
discoversearch

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 52.000.0%Sep 28 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: purecntry5 who wrote (201)3/10/1999 9:48:00 PM
From: SlateColt  Read Replies (1) of 351
 
I don't care if they count duck turds on a golf course. As long as the ducks keep crapping and they keep getting paid for counting them. It appears quite a few "dumb-asses" are using the machine since they've processed well over a $1 billion.

I agree that over time (10 years or so), there probably won't be as many coins in circulation. But, there are billions out of circulation now. And by that time, they will have diversified themselves into an internet company. Just read their latest press release from 2/25:

[snip]

Coinstar is leveraging the inherent capabilities of its 5,000
store intelligent on-line network through the introduction of Coinstar
Shopper, a multifunction Internet portal designed to help consumers
save time and money and help grocery retailers increase customer
loyalty.

[snip]

You might gamble right and make a quick buck, but I think you're crazy to short the stock for any long period of time.

---Slate
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext