SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: H James Morris who wrote (96825)3/19/2000 1:03:00 PM
From: Victor Lazlo  Respond to of 164684
 
<<You see Forrester predicts that US online food and beverage sales will jump to $17 billion in 2004. Although what Forrester does not say is that would only represent 3% of the country's overall grocery sales.
For some reason the investors don't seem to be as excited with potential online grocery revenue growth... as they were with Amzn's commodities.>>

Becuase they know that high fuel prices and the cost of all those trucks will make it difficult to impossible for them to ever break even.

And peapod, one of the 1st grocery delivery co's (a.k.a. "internet co") is now very close to insolvency. Stop& Shop cut their ties w/peapod; they're going to take it internal and do it themselves.

<< Did you notice Fortune was knocking Pcln's accounting practices again? The stock has moved from 50 to 100 though. It must be because of the new CFO and William Shatners singing.:-)>>

Looks more like 90 to me. It barely pierced 100 intraday. Lost all the volume momentum for now, though.

Victor