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

To: hoyasaxa who wrote (768)	3/12/1999 2:08:00 PM
From: Bouf	Respond to of 1170

EBLD..massive news out less than hour ago..This should be huge... Go for it ...you there MIKE? I expect GAP on Monday once the news hits this weekend..

To: hoyasaxa who wrote (768)	3/12/1999 3:43:00 PM
From: Regis McConnell	Read Replies (3) \| Respond to of 1170

THIS WOULD BE YELLING! Sorry if I 'ruffled your feathers', parrot. DD invovles both micro/macro analysis. Claims for the Chicago CDC's profitability were made by PPOD management in the last CC. You either believe it or you don't, I do. The Parkinsons seem understated, straightforward, & honest. John Walden, COO knows his stuff. They may be young, but if we had to wait for the traditional grocers to implement an internet model, we'd all be dead. 1998 was spent 'revisioning' the biz model from the 'personal shopper', to the CDC. Exel Logistics, their strategic partner in the CDC setup, has an excellent reputation, the facilities, & experience, to help 'make it work'. In the US alone they operate over 15,000,000 sq.ft. of distribution space in 65 operating sites. With over 3800 associates they handle supply chain management for firms such as Safeway, Kellogs, Frito-Lay, Quaker Oats, Hersey, ect... NFC PLC, Exel's parent, is an international powerhouse in supply chain management. PPOD appears to be working w/the right group of people to deliver the supply chain. They've stated that they can get a new CDC up & running in approx 4 months. The 70,000 sq ft. facility should provide close to 30% profit margins, that's the profitability of approx. 9 normal supermakets. Proof is 'in the pudding' so the key is establishing the 'viability' of the concept. 'If done', additional capital will be easy to come by. Co. currently has funds necessary & low enough burn rate to grow & expand CDC model for several yrs. 1st & largest in market segment. 7th largest $$$ generator via e-commerce while ONLY available in 8 metro areas. Peapod is a marketing/advertising executives 'wet dream', supported by the user demeos, & average $$$ spent per visit, $116. Macro statistics project large growth for online grocery shopping, PPOD has extensive experience & expertise, they've paid their dues & have done an outstanding job of web site developement. Notice that Coles Myers, the Australian mega retailer, lisenced PPOD software when they decided to go e-tailing down under. SplitPea should provide additional opportunities. Their software is that good. Strategic partnerships that help increase profitability will be easy to integrate into CDC model, ...ie, worlds largest drugstore chain, Walgreen. Expect more such deals. The 'Tribune' is an initial funder of PPOD, as well as AOL, OMKT, & CKFR, a rather visionary & progressive lot. UPS & FedEx don't want your home delivery biz, PPOD does. Piper Jaffray has a strong buy, & a short term price target of $16 on PPOD. Regis