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Non-Tech : Costco, slow but sure?
COST 977.75-2.0%1:36 PM EST

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To: JDN who wrote (1032)4/20/2000 1:40:00 PM
From: Richard A. Green  Read Replies (1) of 1147
 
No cards mean reduced sales which in turn mean reduced earnings. Aside from my irritation, I was simply pointing out that their earnings for the next quarter are not likely to be near the good Christmas returns, and may be less than comparable previous quarter. In this market, that could mean a real surprise for investers who have tended to punish adverse reports. However, I don't have a crystal ball so my views are worth as much as anyone's guess. Good luck.
Richard
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