Costco, slow but sure? Message Board

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Non-Tech : Costco, slow but sure?

COST 894.71

-0.1%

Dec 5 9:30 AM EST

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To: Mat Miller who wrote (385)	2/8/1998 3:27:00 PM
From: Clay Takaya	Read Replies (2) of 1147

I don't know if you guys noticed, but Costco's recently announced sales for Jan outpaced Sam's Clubs and Walmart by a wide margin. I think Sam's were up 3.5% same store growth while Costco did 8%. I also think Costco delivered outstanding 10% overall sales increases. I say in a good market this stock can rock to 50 pretty quick especially given the positive long term outlook for this economy. Every time I think about ditching my shares for a quick buck (I'm in at the mid 30's) I force myself to go into the store and look at all the great merchandise available and the long lines of carts at the checkouts full of TV's, computers, clothes and groceries. It's becoming the one-stop shopping mall. Sell 'em? Not me! Not now! PS: A hidden plus about owning the stock is that when you shop at Costco you can feel ambiguous about the long lines!

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