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

To: Bill Wexler who wrote (718)	9/24/1998 9:00:00 PM
From: WalleyB	Read Replies (2) \| Respond to of 1147

I agree with you about the Company. I just don't understand what the market place fails to see in Cost. Now, that of course makes for a nice intermission to accumulate Cost shares before the stock begins its next ascent. Wish I had about $5K or so to take advantage of this lull as well. But there is this nagging feeling that the bottom is going to fall out of the market due to a convergence of several (nasty) events ; the bull won't just be lame he'l be on the BBQ spitt. Ever the optimist... jim

To: Bill Wexler who wrote (718)	11/24/1998 6:24:00 AM
From: Bill Wexler	Read Replies (1) \| Respond to of 1147

Reiterate strong buy recommendation: COST There has been some recent noise concerning "competition" from BJ's clubs. Without going into a lengthy tirade, I'll say that comparing BJs to Costco is like comparing Borland to Microsoft in the early 1990s. Costco now dominates the warehouse club category in every respect, and its growth continues unabated. I believe Costco will trade north of $100 a share in 12 - 18 months and my long-term price target is $200 - $250 a share.