Webvan Group (WBVN) Message Board

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Technology Stocks : Webvan Group (WBVN)

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To: Wizard who wrote (171)	6/1/2000 12:54:00 AM
From: Wizard	Read Replies (1) of 464

Goldman Sachs just did a study of their cash position and concluded that WebVan can make it without going back to the market for a while (mid '01). They have over $500mm and can continue to roll out their first 5 cities aggressively and get the SF Bay Area cash flow positive. At some point, they can probably charge a nominal delivery fee to increase their financial position. I doubt an extra $5 fee will turn off their core customer base. Maybe the cheapies but I doubt they will ever make any money off the guy who orders only orders $50 worth anyway. check out the party platters. good if you are watching the NBA finals with some buddies and you are sick of pizza. ihopethiscompanymakesitsoicancontinuetobeaslazyaspossible

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