Costco, slow but sure? Message Board

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Non-Tech : Costco, slow but sure?

COST 922.53

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Nov 7 9:30 AM EST

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To: Mel Fox who wrote (694)	9/3/1998 8:45:00 AM
From: Zephod	Read Replies (2) of 1147

>>I searched a few news sites to see if there was some news ... No Luck. I have a hunch, there will be some news tomorrow< Mel; Right you are [Costco Companies, Inc. Reports August Sales Results and Responds to Concerns Over Membership Fees Accounting Issue] "Yesterday, Costco received dozens of calls regarding a rumor in the marketplace that Costco had recently been contacted by the Securities and Exchange Commission (''SEC'') relative to its accounting practices in the recognition of membership income. While it is the Company's policy not to comment on rumors, which it intends to adhere to in the future, this rumor is false." Full text @ biz.yahoo.com

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