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Strategies & Market Trends : Roger's 1997 Short Picks

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To: craig crawford who wrote (8762)12/22/1997 9:04:00 PM
From: Bill Wexler  Read Replies (3) of 9285
 
AOL's market cap now higher than Costco's!!!

Let's talk about a real retailing phenomenon.

Costco has $22 billion in sales and 300 million in earnings and the company is growing like gangbusters.

You can now buy it for 1 billion less than AOL!

Maybe Costco should just shut down every single one of its outlets, start a web page, and commence losing millions of dollars.
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