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Technology Stocks : Peapod (PPOD)

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To: Steve Bower who wrote ()7/11/1999 12:00:00 PM
From: Jon Stept  Read Replies (1) of 1170
 
Bechtel 1-billion, two-year, 26 distribution store rollout...

Am I dreaming? Anyone else see this news? It looks like a gorilla has just joined the grocery delivery business, and a refreshing, unlikely gorilla at that.

This is stunning news, as I never, ever thought it could be profitable given the obstacles. How are they going to handle the perishables? And the change in consumer habits... I can't feel and smell the fruit, see the meat, squeeze the bread...

And Bechtel???? If this most un-internet but respected industrial titan thinks that it is profitable to delivery groceries to your home, then my last, residual, inkling doubts about the scope of the internet as a "gold-rush" as a "fad", with Wall Street taking advantage of the average Joe... those doubts are gone.

I mean, where are the brakes on this thing? Kinda scary...

And I thought I my opinions regarding the future of the internet bordered on hypnotic... jeez!

Just my weekend opinion.

Jon :)
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