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Non-Tech : Costco, slow but sure?
COST 923.83-1.2%Nov 6 3:59 PM EST
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To: Clay Takaya who wrote (733)9/26/1998 4:15:00 PM
From: Zakrosian  Read Replies (1) of 1147
 
I still think that a recession hurts COST a lot

Clay - Why do you think a recession hurts COST a lot? It seems to me that a deep discount retailer becomes even more appealing to shoppers when money gets a bit tighter. I'd think an upscale company like Starbucks would be more likely to be hurt - I'll stop buying coffee at $12 a pound before I stop shopping at a store that saves me 20-30% on the things I use every day.
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