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Technology Stocks : Peapod (PPOD)
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To: Regis McConnell who wrote (749)3/12/1999 12:19:00 PM
From: Kailash  Read Replies (1) of 1170
 
At least you're enthusiastic. As I said, I think it would be great if they could succeed, but the idea that they can become profitable by "cross-docking" and building warehouses sounds kind of familiar - ever heard of Safeway? Time to load up, they already are profitable and have a portion of the grocery market that is actually significant, unlike PPOD. They have organized it extremely well: large stores are located in your immediate neighborhood and you can just stop by and pick out fresh produce yourself - no need to pay someone to pick out the stuff and drive it to you, which doubles the price of the goods. Word is getting out: time to move out of PPOD and into some company that will actually make money. They're using their noggin, are you?

Kailash
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