Costco, slow but sure? Message Board

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Non-Tech : Costco, slow but sure?

COST 1,001

+1.2%

Feb 6 9:30 AM EST

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To: Road Walker who wrote (1040)	5/24/2000 9:37:00 AM
From: JDN	Read Replies (1) of 1147

Dear John: Yes, I own this stock and I use their stores. I put an order in this morning for more at $28 1/2. I see it opened at that so maybe I got filled. Hell of a buy IMHO at that price and I am aware of the MS downgrade and lowered earnings estimation. Going to listen to the CC at 11:00 and see whats going on. Example IMHO of overreaction, now selling less than 20 PE for a system that shows good growth. From what I heard, regarding disclosure they mentioned to someone, probably MS they felt the analysts estimates where a penny or two too high. Not that significant in my mind, just the market. JDN

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