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


To: Regis McConnell who wrote (810)3/18/1999 12:53:00 PM
From: Wolff  Read Replies (1) | Respond to of 1170
 
Significant Barrier to entry???? How about two 16 year old kids, MicroSoft Front Page, the ablity to type in lists and not just selections. Two kids after school could hand about large customer base of about 30 homes. Expansion is easy, more kids.

ORRRRR, the local supermarkets enter online sales by themselves. Remember there is a grocery store within near 5 minutes of 80% of the households in the US, the ones that are not are not going to be profitable for PPOD. Most people live in suburbs and cities, not the boonies with no stores available.

If it works there is nothing stopping new participants, but so far there is nothing to indicate that this type of venture is a money maker. Just another internet bust