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Technology Stocks : Peapod (PPOD)
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To: robert duke who wrote (582)1/4/1999 5:16:00 AM
From: Moominoid  Read Replies (1) of 1170
 
I am thinking about investing in this company. Any comments from anyone are welcome.

I wouldn't right now. On fundamentals they're not reducing losses as fast as was previously expected. I come up with a fundamental value of maybe $2 which I think is about the book value. On the other hand others seem excited by the warehouse model and the new service on Long Island.

On technicals it still looks bearish to me too.

I am short now though I have also been long.

David
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