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Technology Stocks : Peapod (PPOD)

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To: Trey McAtee who wrote (545)12/14/1998 12:28:00 AM
From: Silicon Trader  Read Replies (1) of 1170
 
Trey,

If you break down 40 dollars it doesnt come out as a whole lot to work with. how long does it take the employee to make the 5 stops > if it takes up 3 hours at 7 bucks per hour, that would leave 19 dollars to cover the following. ( removing number one from the equation since i set a hypathetical wage for discussion)

In that 40 dollars they must pay for the following:

1 The employee's Wage

2 State tax on the employee

3 Federal tax on the employee

4 social security

5 Workmen's comp

6 Commericial Auto Insurance

7 Employee Health benefits

8 The Vehicle

9 The Fuel for the vehicle

10 Maintanence on the Vehicle

11 Unemployment withholdings

12 Unifrom expense

Etcc.

Just so everyone knows, i love the idea, i am just trying to make sense of where this litte company is headed and how fast they might get there.

Regards,

BIG !!

This is not the most important factor to be considered but is worth discussing.

I am glad to hear from someone that uses the service. How are the prices in comparison to the regular grocer's in your area.

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