Silicon Investor (SI) -- The First Internet Community

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? -- Ignore unavailable to you. Want to Upgrade?

To: Curbstone who wrote (679)	8/30/1998 1:07:00 AM
From: WalleyB	Read Replies (1) \| Respond to of 1147

Mike, Mel and the rest... I have the worse sort of news to bring to the forum. It seems that Value Line has given Costco shares the highest rating among the stocks they follow. Cost is in the top 100. They expect Cost to see profit growth of 20% as expansion at home and abroad continues. (Seattle Times Business Section) Well you know what this means don't you? After the last two positive announcements our stock has fallen 12 dollars! Now with this latest release of "good" news I suspect we will see another tumble all the way back to the 30s. If you thought the stock was a good deal after Friday's close wait till this news is picked up by the rest of America. Whoa is me! <g>