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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (54304)	4/6/2000 9:37:00 PM
From: StockDung	Respond to of 122087

Tony Robbins makes suck.com suck.com

To: Anthony@Pacific who wrote (54304)	4/7/2000 12:04:00 AM
From: rupers	Respond to of 122087

PPOD Analyst Article www.theinternetanalyst.com/min-tia/individual/000406sections/spotlight.html Focus on Peapod.com: Barry Stouffer, Analyst J.C. Bradford & Co. Interviewed by Taylor Smith The Internet Analystsm recently spoke with J.C. Bradford analyst Barry Stouffer about the online grocery space and the recent woes of PEAPOD (PPOD). [THE INTERNET ANALYST ? TAYLOR SMITH] Why did investors recently pull out of their plan to provide $120 million in backing to PEAPOD? [BARRY STOUFFER] PEAPOD lost this financial backing because of CEO Bill Malloy's resignation. Malloy was brought in last fall to lead the company through its expansion. When he recently left the company for health reasons, investors quickly lost interest. In order to stay in business, PEAPOD is in very serious need of a cash infusion. As of a couple of weeks ago, it was technically insolvent. The company is actively looking for an outside investor or a buyer to come aboard and salvage it. [TS] What is the environment surrounding the online grocery space right now? [BS] E-tailers, since the latter part of 1999, have faced a lot of performance pressure. There has been a lot of concern about whether or not the online grocery business could ever become profitable. Like PEAPOD, many of these companies ? WEBVAN GROUP (WEBV) and HOMEGROCER.COM (HOMG) ? have not been around long enough to come close to profitability. None of the online grocers even have individual facilities that are profitable. The recent PEAPOD news had been the only truly negative news in the online grocer space, but it clearly has hurt both WEBVAN and HOMEGROCER.COM. This bad news is not an indictment of the industry, but rather a singular, poorly timed incident. If anything, the news out of the other online grocers is very favorable in terms of progressing customer order flows and order sizes. [TS] What will the online grocery space look like in the near future? [BS] It's tough to know what investor sentiment will be in the next six to eight months, and this is a large determinant for these stocks. Later this year, some of these companies' facilities should be in a position to demonstrate the ability to break even or become profitable. [TS] What are your estimates for PEAPOD going forward? [BS] We are estimating revenue of $122 million for fiscal year 2000, with a loss per share of $1.75. Revenue for 1999 came in at $73 million, with a loss of $1.60 per share. It is important to keep in mind, however, that during the next two or three weeks PEAPOD could cease to exist. In the event the company survives, it will be due to some kind of equity infusion from an outside source. Barry Stouffer J.C. Bradford & Co. Industries Covered: Internet-Based Consumer Solutions Education: MBA from Vanderbilt University Companies Followed: WEBVAN GROUP (WEBV) STREAMLINE.COM (SLNE) PEAPOD (PPOD) HOMEGROCER.COM (HOMG) APPLEBEE'S (APPB) PAPA JOHN'S (PZZA) OUTBACK STEAKHOUSE (OSSI)