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To: Robert Rose who wrote (91220)1/17/2000 4:03:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
When you need a quart of milk, you need a quart of milk. However, I do love
the convenience, and I was impressed with the delivery person (he was right on time and he volunteered to explain the
color-coding of the containers).


Rob,

There are pros and cons to any kind of shopping on the net. Groceries included. We are back to the profit problem. Now remember, I do not live in Palo Alto or anywhere were there are lots of millionaires. I can tell you that people that live in my area would no way spend more for the covenience of having groceries delivered.

But yea, WEBV was down there near the bottom of my IPO Must Have list for 1999. LOL

I can very well understand this<G>



To: Robert Rose who wrote (91220)1/17/2000 4:06:00 PM
From: H James Morris  Read Replies (3) | Respond to of 164684
 
>However, I do love the convenience, and I was impressed with the delivery person (he was right on time and he volunteered to explain the color-coding of the containers).
Robert, I've been buying WebVan because I used to work with George Shaheen many years ago when I was with Andersen Consulting.
I'm starting to feel I wished I never met him.:-)
>George Shaheen, the 55-year-old former managing partner and CEO of Anderson Consulting, ended more than three decades of service to his firm, to head up the online grocer Webvan Inc. last year. His price: a $500,000 salary, with a $250,000 potential bonus, plus 1.25 million shares, now valued at a little more than $15 million, and options for 15 million additional shares. Webvan has actually been one of the IPO market's big disappointments, now trading below its $15 offering price.