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


To: zuma_rk who wrote (1156)8/4/2000 1:16:31 AM
From: RWReeves  Read Replies (1) | Respond to of 1170
 
Good news, bad news.

siliconinvestor.com

Revenues UP Orders UP good customer base expansion and unit order size.

Bad news is that they spent all the money and then some. And THEN some. Pretty wide loss, more than anyone expected, should be good for a sub 2 buck trip to the woodshed. Sigh.

Sadly also dropped to #80 on the internet site volume leaders from #20.

Holding on, will average down. Limited downside IMO due to Ahold's (say THAT fast!) money. Looks like they bought it for about 1x 2000 revenues.

If the revenue trend holds quarter to quarter, we'll eat like kings!

RWR