|
Regis's Analysis: A good start. Great info gleaned from your response. Thank you. I haven't looked much at Peapod since its businessplan went across my desk a few years ago in Chicago. You have told us why; think that is you could show, with numbers, Peapod will be worth $16 (or $20 or $10 or $100) that would seal the deal. Use DCF, multiples, whatever you want, just show us how you value the Company quantitatively. My peers and I all use phrases like "Buy" with a price target in mind and a rationale, such as...stock should be trading at 8x 1999 EBITDA and it will b/c a, b, c. a lot of times the analysis and rationales are sketchy becasue they built on weak assumptions. You've stated some decent assumptions, now make the translation to a higher stock price clear for us who question whether Peapod will worth 0$ or $100 in three years...again, thanks. Finally, I am hardly a parrot by questioning your assertions and demanding you to support your claims. And, as I stated in my last post, even if systemic factors are favorable (still unclear due to very low barriers to entry and brand equity at this point) firm-specific issues (is the something saddled with debt and if so does it have a good relationship with its lenders? How will it become and when will it be cash flow positive...is it overvalued across the various metrics vis a vis its peers?]. Thanks. |
