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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (5992)7/18/2001 1:10:28 PM
From: Don Lloyd  Read Replies (1) of 74559
 
CB -

...Large corporations are going to get slaughtered until they figure out how to ditch the middlemen...

This is not correct. The proper way to view the middleman is as an outsourcing mechanism, sometimes executing inventory storage and sales. If you look at the history of semiconductor manufacturers they are periodically changing back and forth from direct sales to distributors and independent representatives. Sometimes middlemen are efficiency enhancing and sometimes they're not. But in season, they serve a real purpose.

Regards, Don
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