Costco, slow but sure? Message Board

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Non-Tech : Costco, slow but sure?

COST 956.30

+0.5%

Jan 15 3:59 PM EST

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To: WalleyB who wrote (762)	11/10/1998 11:39:00 AM
From: WalleyB	Read Replies (1) of 1147

So what have we here, profit taking in the natural ebb and flow of this stock or sell off due to the market's analysis of the latest announcement? Isn't there sentiment on the part of institutions against company buying back their stock? I know its suppose to increase the value of the outstanding shares as a rule but I thought I read somewhere that folks are rethinking this since the companies buyback when they feel the stock is in trouble and they want to shore up the price. Any thoughts anyone?

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