Peapod (PPOD) Message Board

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Technology Stocks : Peapod (PPOD)

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To: B.D. who wrote (430)	10/30/1998 10:09:00 AM
From: Ed Schultz	Read Replies (1) of 1170

I happen to agree with Ted. I think management is doing a wonderful job by "going slow". You cannot possibly run a good company without a good infrastructure, especially in a low margin market. I too listened to the conference call and I got the feeling that they had a great 5 year plan. By that I mean they had everything neatly defined in steps of what they wanted to get done. Certainly it would be nice to blast off now, but they quickly realized that that would not work. So the decided to settle on the centralized model as their profit vehicle and time and time again they stated that the model in Boston is working so well that they had to turn people away! I much prefer a cautious management than a reckless management. (Think of all the others that tried to enter this market and failed. Why is that?) Those investing in this company must think long term. And long term they have a great idea but they need to nail it on the head to be successful. Long on PPOD. Ed

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