Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Gordon A. Langston who wrote (17548)	2/23/1999 8:57:00 PM
From: Mike Farrar	Read Replies (1) of 18691

Online grocer Pea Pod posted earnings after the bell , inline with estimates, but with a 1% revenue shortfall over last year and an actual drop in customers of 7% over 1997. Stock closed at 8 13/16 and will probably tank out hard tomorrow. Analyst's upgraded 2 weeks ago to strong buy, and will probably have more than 1 downgrade tomorrow. Not many net stocks around with negative revenue growth. This stock could possibly go as low as $1.00 within a month, IMHO. Good luck, Mike

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