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Non-Tech : Valley Media (VMIX) IPO

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To: Phantom Dialer who wrote (210)6/23/1999 1:18:00 AM
From: Glenn Petersen  Read Replies (1) of 298
 
From Musicland's Form 10-K:

sec.gov

Suppliers

Substantially all of the home entertainment products (other than computer software) sold by the Company are purchased directly from manufacturers. The Company purchases inventory for its stores from approximately 2,300 suppliers. Approximately 67% of purchases in 1998 were made from the 10 largest suppliers. The Company has no long-term contracts with its suppliers and transacts business principally on an order-by-order basis as is typical throughout the industry.
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