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Re: Re: [sharechat] WHS Mystery Solved /SNOOPY


From: "Allan Potts" <ajp7079@excite.com>
Date: Fri, 14 Feb 2003 05:04:06 -0500 (EST)



Dear Snoopy,

Somehow, I did not receive you're original question and had it answered by Pat 
Fields.  Yes, COSTCO is a US listed corp.  What I was trying to get across was 
the history of the company, with which I am intimately familiar with.  I do not 
have  the numbers at hand, but I am familiar  with someone who made something 
like US $80,000,000 from investing with the original PRICE CO. shares.  We were 
on the same political battle group in the late 60s and early 70s.  When he 
passed away, the SD world was shocked at the money he left to charity -- mostly 
from the capital gains of  PRICE CO. shares.  This was the typical Xerox, IBM, 
HP type of story.  SNOOPY, if I had invested in the original PRICE CO. shares 
and held them to date I would be sending this through a laptop from Tahiti, The 
Swiss Alps  or perhaps from Queenstown NZ. Sometime, when I get to 
Christchurch, I'll drop in on you and we'll talk about Sol Price and what he 
has done for the benefit of mankind.  Usually I have nothing good to say about 
attorney's and I know many of them, but while I don't agree with Sol Price 
about everything, he is one of my hero's, because he has, while making his 
millions, elevated the standard of living of "the little guy".  Sorry I didn't 
get your original post for some reason, but this is my answer.

If it would be of some advantage to you or the other members of SHARECHAT, I 
could quote some of COSTO'S prices vis a vie "normal prices" that you would pay 
in one of our supermarkets.

Allan

Allan





 --- On Fri 02/14, Pat Fields  pat_fields@hotmail.com  wrote:
From: Pat Fields [mailto: pat_fields@hotmail.com]
To: sharechat@sharechat.co.nz
Date: Fri, 14 Feb 2003 04:04:17 -0500
Subject: Re: Re: [sharechat] WHS Mystery Solved  ???





Is COSTCO a listed company in the US Allan?

SNOOPY


Yes, it's listed in the NASDAQ (since early 80s) - ticker "COST".  Up until 
1995, they traded sideways but between 1995-2000, they were a tenbagger. 
Since then they've held much better than the rest of NASDAQ but not 
particularly going anywhere, pricewise.




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