Bill Wexler's Profits of DOOM Message Board

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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Skeeter Bug who wrote (3041)	9/25/1998 4:39:00 AM
From: Yamakita	Read Replies (1) of 4634

I don't think you necessarily need a continuation of the goldilocks economy for Costco to continue to do well. 90 percent of their stuff is hardly what you could call "high end," and people will always be shopping for the best deal on grosses of TP, pallets of dogfood, and coke by the kiloliter. In fact people may shop at Costco more in a nongoldilocks economy, since everyone knows you can save money by doing so, and by buying bulk. I have no position in the stock, but I do agree with Bill's evaluation.

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