Peapod (PPOD) Message Board

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Technology Stocks : Peapod (PPOD)

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To: Trey McAtee who wrote (728)	3/4/1999 5:12:00 PM
From: brad greene	Read Replies (1) of 1170

Trey, I meant that Benny may want to look at the chart to help him pick an entry point. I see the stock wanting to go lower....for many reasons. I'm showing yesterday and today....the stock bouncing off the 7.18...with today showing little or no strength at the close......Third time may be the charm?.....Don't know. Market was very strong today. I don't know exactly how to factor this in....but I don't think it is good. I see lower than $6.50 near term for other reasons....but I think the critical point now is 7 3/16.......I don't know if a trade went off at 7 1/8 today....but will tomorrow....IMO....without some intervention. I'm short 400 shares....by the way. Not a big position for me...more interesting than anything else. Great company....just overpriced right now....IMO. bg

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