Peapod (PPOD) Message Board

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Technology Stocks : Peapod (PPOD)

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To: grasshopper who wrote (375)	8/21/1998 4:21:00 PM
From: Ed Schultz	Read Replies (2) of 1170

I think you are underestimating this stock. This company is gambling big time on success. They are either going to fall flat on their faces or be a HUGE success. Like you, I am betting on the latter thought I think $100 is very conservative 10 years from now. I'll be very surprised if they are not above $100 3 years from now. The best comparison of this company is of Federal Express to the Post Office. No one thought that a company could be successful and competitive moving boxes around. Furthermore, the infrastructure required to make this happen is enormous. Well, Federal Express went on to be a hugely successful company. I see PPOD on the same road. No one thinks they can compete with the low margin grocery business and the infrastructure they need to build is very large. However, if you see what they are doing today, they are on the right track to achieve the greatness they deserve. Whether or not they make is another story. I for one believe in this company and believe in the concept. Like I said, there will either be a very large thud, or this thing takes off like a rocket. Go PPOD!

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