Business Services Industry

The Internet Analyst News - Focus on Peapod: Barry Stouffer, Analyst, J.C. Bradford & Co

Business Wire, April 11, 2000

Business Editors

NEW YORK--(BUSINESS WIRE)--April 11, 2000

J.C. Bradford analyst Barry Stouffer recently spoke with The Internet Analyst about the online grocery space and the recent woes of Peapod (Nasdaq-PPOD).

"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 (Nasdaq-WBVN) and Homegrocer.com (Nasdaq-HOMG) -- have not been around long enough to come close to profitability. None of the online grocers even have individual facilities that are profitable," says Mr. Stouffer.

Other companies covered by Mr. Stouffer are Streamline.com (Nasdaq-SLNE), Applebee's (Nasdaq-APPB), Papa John's (Nasdaq-PZZA) and Outback Steakhouse (Nasdaq-OSSI).

To find out more about Peapod, read the interview in Multex.com's The Internet Analyst(sm), http://www.theinternetanalyst.com /min-tia/individual/000406sections/spotlight.html

Companies profiled:

Webvan Group (Nasdaq-WBVN) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=wbvn

Homegrocer.com (Nasdaq-HOMG) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=homg

Peapod (Nasdaq-PPOD) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=ppod

COPYRIGHT 2000 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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