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


To: Regis McConnell who wrote (641)1/20/1999 2:16:00 PM
From: Dave Gore  Respond to of 1170
 
OFF TOPIC (slightly): ALL you might want to watch ** GSIC ** similar niche but not as far along. I am not hyping but just suggesting that you take 5 minutes after hours and look at this stock. Some powerful interest is building with over 6 million shares traded in the last 2 days. The stock, which was at $2.50 and then massacred down to 7 cents a couple months ago as people got fed up with financing delays, seems to be turning the corner.

They have been operating in Vancouver, BC, Canada for 2 years and have 40 franchisees up there and mobile trucks. They offer grocery, dry cleaning, and other deivery services and have their own distribution warehouse for the grocery and drug items. They were profitable in 1997. Anyway....enough, I am sure you will check it out if you are interested.

PS-- stock hammered down today as daytraders were hoping for news, which was never promised by the Company. Now coming back some.

An interesting interview with the CEO form CNBC/Dow Jones is on their website at genstore.com

Click on the "Investors" link from the homepage.

I expect a re-testing of $2.50 within 12 months (a 1000% return) if they execute properly. Yep, there is some risk but I have a track record for doing good DD and picking quality stocks. I own only 4 Penny stocks long term and my portfolio is up 200% on them after 9 months.

Seattle is their first city in the U.S. and I am expecting news of financing over the wires in the next 1-7 days.

take care, DAVE