Opentable (NASDAQ:OPEN)

CAPS Rating: 1 out of 5

Recs

1
Player Avatar TMFAwesome (98.10) Submitted: 7/10/2012 10:16:57 AM : Outperform Start Price: $39.36 OPEN Score: +39.44

Economy slows, less people eat out, OPEN's revenues dip. Economy picks up, more people eat out revenues return. OPEN has room to grow in terms of getting people to use it's service. A greater usage base plus "normal" eating out patterns should equal a brighter future for the restaurant reservation service.At this point I'm not as concerned about the threat of substitutes as Open Table has been integrated with Siri, Yelp & Zagat.

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