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Non-Tech : Costco, slow but sure? -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (992)	12/8/1999 11:24:00 PM
From: Mel Fox	Read Replies (2) \| Respond to of 1147

Zhivago: Split announcement? I expect an announcement within the next 6 weeks ... I suspect the Christmas volume of business may have a bearing on the timing of the split (JMO). Assuming the announcement is to be actually made soon, what is your thinking on the split ... 2 for 1 ... 3 for 2 ... 3 for 1?? Something else?? JDN: The P/E ratio is really high ... there has been a run of over 30 points in the last two or three months ... it is a natural for some people to take some or all of their profits off the table. It would be interesting to me to know if the sellers are institutions ... I suspect not, since the volume of shares traded today is less than the daily average ... anybody know how to determine if the institutions are selling COST now?? What are your thoughts on the split? Mel