Peapod (PPOD) Message Board

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Technology Stocks : Peapod (PPOD)

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To: Moominoid who wrote (1126)	3/28/2000 9:15:00 AM
From: James Mitchell	Read Replies (1) of 1170

WELL, while you slackers ignore this board, I went to PPOD headquarters. Unfortunately I went a little late, and was only able to speak to someone in the "rank-and-file." This is the second person from the company that I have spoken to directly. I asked point blank whether they will file for bankruptcy or get new financing. They laughed. Confidence is very high, and there are constant emails and meetings within the company from the higher-ups keeping everyone informed of the ongoing situation. Meetings with potential investors/buyouts are happening everyday. They said "it's business as usual" and were not concerned in the least. There are other positive indicators, but that's all I can say at this point. From my own perspective, I believe the company will get financing or a buyout. Now understand that in the corporate world under similar circumstances, a lot of people in a company are made to believe all is well until the doors close, but I don't think that's the case here. I also believe that until there is news, the stock may drop a little more or just languish. Time will tell who's right here, but I put some money on PPOD!

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