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HomeGrocer President Takes a Break

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Associated Press

The co-founder and president of online grocery delivery service HomeGrocer.com started a four-month sabbatical this month, weeks after taking the company public. Terry Drayton cited the physical and emotional exhaustion caused by the four-year push to form the business, find investors and launch the delivery service in 1998. Shares in Kirkland, Wash.-based HomeGrocer closed unchanged at $5.50 on Nasdaq.

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