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

To: jhg_in_kc who wrote (1115)7/12/2001 11:07:58 AM
From: Frank Walker  Read Replies (1) | Respond to of 1147
 
That drop was caused by COST getting downgraded because of the expense of expansion plans (more stores), I recall.



To: jhg_in_kc who wrote (1115)7/12/2001 3:37:00 PM
From: JDN  Read Replies (1) | Respond to of 1147
 
Dear Jhg-in-kc: I remember something was released which was not true and caused the drop, thats when I bought in. Since then we have learned that when they are expanding rapidly it adversely effects that quarters earnings so occassionally it drops again. But, frankly, I think its a great investment. They just keep expanding and have hardly SCRATCHED the overseas market not to mention USA. I think its a fine LONG TERM investment. JDN


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