Peapod (PPOD) Message Board

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Technology Stocks : Peapod (PPOD)

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To: grasshopper who wrote (391)	10/3/1998 10:53:00 PM
From: Moominoid	Read Replies (1) of 1170

What is your opinion long term on PPOD? I haven't followed PPOD closely recently apart from just checking the stock price as I'm not long or short. What I liked on fundamentals on PPOD was that the share price was a low multiple of the book value which was mainly cash. Being classed as an "Internet Stock" and having these fundamentals looked a good opportunity. On the other hand I was concerned at how much they were losing and that they hadn't found ways of investing that cash more productively instead of just burning it in losses. So I traded PPOD mainly on TA basis and made a little money. The volatility is good for that, but I'm not into shorting a small/micro cap stock like this. So I'd buy in and then try to sell out at a profit and then wait for the next cycle. Long-run I haven't got a clue what might happen to them. Good luck on your hope for $30. My analysis doesn't place the stock above $10 fair value this year or next. David

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