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Technology Stocks : Peapod (PPOD)
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To: CBJR who wrote (986)10/14/1999 6:32:00 PM
From: Glenn Petersen  Read Replies (1) of 1170
 
PPOD is not a "big guy." WBVN will have over $600.0 MM in cash when they complete their IPO and they are going to crush PPOD. PPOD's sales are flat and as of June 30, 1999 their cash reserves were down to $20.0 MM. From "The Industry Standard":

thestandard.com

"...Webvan also will open for business in Chicago and Seattle by the end of next year. Presumably, it hasn't chosen these cities randomly. Chicago is home to rival Peapod (PPOD) , and Seattle is the base of HomeGrocer.com..."
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