Costco, slow but sure? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Costco, slow but sure?

COST 963.61

+0.7%

Jan 16 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: WalleyB who wrote (804)	12/17/1998 6:56:00 PM
From: Curbstone	Read Replies (1) of 1147

Frankly I'm surprised COST went down at all. All one has to do is read the entire first paragraph of the press release to find that the drop in EPS is entirely due to a one-time charge related to a new accounting method begun this quarter. It that is discounted, EPS figures are actually higher than the same quarter last year. If this drop in price is related to the EPS figures released today then I have lost all respect for the lemmings that are driving this market. I hope these same people pop all their money into Amazon.com and then get cleaned out quickly so the market can return to some form of sanity. If we ever needed a really good correction, it's now. My 2 cents. Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next