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Technology Stocks : Peapod (PPOD)
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To: Regis McConnell who wrote (745)3/12/1999 11:52:00 AM
From: Kailash  Read Replies (3) of 1170
 
"70% of grocery biz projected to be billions in a few years, warehouse model will demonstrate profitability very soon"

Try checking "hype" in the dictionary - as in "lies and exaggerations to promote an unworthy cause."

I mean, I would be thrilled if someone could make money delivering groceries to my door, but I see zero evidence that it's possible. What do you think keeps the big chains from cashing in on what seems to you such an incredibly lucrative opportunity? Paying someone to deliver groceries is unfortunately a losing proposition - and the moment it becomes profitable PPOD will have competition from every grocer in the country.

Yeah, let's have PPOD capture 70% of the grocery market - revolutionize food distribution worldwide - construct warehouses in every population center big enough to feed 70% of the population - please, try to even begin to imagine what it is you're claiming.

Kailash
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