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Technology Stocks : Peapod (PPOD) -- Ignore unavailable to you. Want to Upgrade?


To: FDHIII who wrote (1086)11/5/1999 10:00:00 PM
From: xbrent  Read Replies (1) | Respond to of 1170
 
One word makes a considerable difference, a world of difference, or a make or break difference. Will have sufficient cash changed to may have sufficient cash. Another way of looking at it is that they were positive about survival, now they are not sure.If a company says that we are going to do real well and change it to ok, the market will punish a stock. But this is alot worse than that. Insufficient cash can mean chapter 11 is a distinct possibility. Bankruptcy means your stock goes to dirt like Boston Chicken. Bankruptcy can mean dirt rather than just a bad quarter. Instead of losing some of your capital you lose all or almost all of your capital. Bankruptcy means that you may or may not survive as an entity. Associating with major players may or may not help. The Iridium/Motorola relationship did not protect Iridium shareholders at all when Iridium ceased to be a viable economic enterprise. In summary, the market will not just shrug off the one word difference. PPOD will be placed on the critical list monday morning and won't get off until if and when they can demonstrate that they will become a viable economic enterprise and convince shareholders that their precious capital is not in immediate danger of being wholly lost.