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Non-Tech : Costco, slow but sure?
COST 885.15-1.1%11:45 AM EST

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To: WalleyB who wrote (388)2/9/1998 8:16:00 PM
From: Mat Miller  Read Replies (1) of 1147
 
Jim,

Price on Blarg sound pretty good. Hopefully they won't AOL you (ie raise price).
The AOL stock price went up, but it will be interesting to see how many move off of AOL.

From the news release on AOL:

(AOL) ... declined to say how much added revenue the higher subscriber rates will generate. But the money, which will be invested in building the online system, will not boost earnings, executives said.

Yeah, everyone who bought today did so based on flat earnings but a nicer site for the AOL users!!! <whatever the character is for a sarcastic grin>

Somehow I don't think this technique will work for Costco, even tho' they promise to put the higher price's revenue into customer parking lots!! (Maybe investors realized that and so Costco went down as AOL went up! <g>)

Later

Mat
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