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Technology Stocks : Peapod (PPOD)

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To: Yak-attack who wrote (1052)	11/5/1999 6:18:00 PM
From: Anthony@Pacific	Read Replies (2) of 1170

PPOD<----Trading 4 points lower after market at 7 7/8 ITS ALL OVER!!!!!!!!!!!!!!!!!!!! WASHINGTON (Dow Jones)--Peapod Inc. (PPOD) said it anticipates that existing cash and cash equivalents may be insufficient to fund the company's operations and capital requirements for the next year. According to the company's recently filed quarterly report with the Securities and Exchange Commission, interest expense increased in the third quarter ended Sept. 30 to $104,000 from $44,000 in the year-ago period as a result of greater leasing activity utilized in the company's new centralized distribution facilities. Recently, Bill Malloy, president and chief executive, said Peapod, "will make substantial investments to build our capacity and grow our markets."

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