Lawrence Kam, why do you use such big words that the rest of us can't understand (very clearly)?
>>For instance, think about the financial brokers: Merrill Lynch, Charles Schwab, E-Trade... all owe their stunning rise to disintermediation.<<
Do you mean the brokers have done so well because people have been taking their money out of banks and putting it into the stock market (thru brokers, mutual funds), along with sticking new money (from wages, etc.) into the stock market instead of into bank accounts?
Separately, I thought one of the driving forces of DELL versus CPQ on recent price strength was that DELL was benefitting much more than the other box makers from the dropping component prices because of the minimal inventory DELL holds.
Like PX mentioned a few posts back, as long as component prices keep dropping, DELL benefits more than most of the other box makers.
But if a component shortage should suddenly develop, then DELL might have a problem.
Regards,
Larry
PS: I'm more interested in trying to figure out what you meant by >disintermediation< than in the inventory management versus accounts receivables argument. The inventory management/accounts receivables idea seems to lack something. |
