Peapod (PPOD) Message Board

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Technology Stocks : Peapod (PPOD)

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To: Malcolm Boyd who wrote (3)	6/25/1997 10:02:00 PM
From: Steve Bower	of 1170

I agree... looks like the people looking for a fast hit... internet startup and all that... have been shaken out and now 12-13 is the real value proposition. I was going to wait a bit and see what their first earnings report had to say... I'm not in yet, but, I don't think buying now is a bad idea... I think it IS a telling fact that although I got their literature, etc. in my local Safeway, and even installed their software, I DON'T use the service myself. It's still a steep price and has to be considered a luxury. If they change their shopping model, or drop prices in exchange for volume, that might help. After all, you and I alone are the ones talking about it here... and you and I don't make a market! (At least not a very profitable one!) :-) Steve.

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