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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST
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To: Amy J who wrote (130538)3/21/2001 5:16:15 AM
From: JDN  Read Replies (1) of 186894
 
Dear Amy J: I think your impressions are incorrect regarding COSTCO. I of course am an outsider but I am a long time costco shopper and mid term costco stockholder. My understanding of how they purchase is FIRST the product must be equal or superior to that on the open market and SECOND the price must be SUBSTANTIALLY lower to Costco. In return COSTCO purchases large supplies passing the discount on to their customers. In addition COSTCO has their own brands called KIRKLAND SIGNATURE where in Brand name companies IMPROVE their products SOLELY to COSTCO specifications. I have purchased many Signature items and been very happy with them. Examples, Batteries, Refridgerator and some clothes. CPQ signed some kind of deal with COSTCO but the product is not obsolete by any stretch, its just they use the AMD product but they have HUGE harddrives (often 80gb)and all the bells and whistles included. JDN
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