

Moser: So this is marketing, plain and simple, for Costco. Muckerman: You're being associated with Groupon.

Yeah, this doesn't worry me from a Costco perspective at all. I've been wanting some of it for myself for a little while now. I haven't pulled the trigger yet, but it's still selling at that reasonable price, compared to historical numbers. I don't own the stock, but when I saw that stock sell off the way it did. I looked at the sell-off from the Amazon-Whole Foods deal as a potential entry point for myself. It's easy to be completely blown away by the difference of the availability in there from your traditional store. They have a very hard sell when you go in there. You get in there, if you've never been in, and all of a sudden for $20 you get the chance to stroll in there and see what it's all about. It's a gift that keeps on giving, a Costco membership. Muckerman: They're doing well. I think this is a better deal for Groupon, because it's actually a compelling offer. Muckerman: That's how I'm looking at it, yeah.
