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Technology Stocks : PC Sector Round Table
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To: Frodo Baxter who wrote (357)5/19/1998 1:54:00 PM
From: Sam  Read Replies (1) of 2025
 
LK,
"IMHO, the wild success of the Dell is mostly due to cutting out middlemen, not to inventory management. For instance, think about the financial brokers: Merrill Lynch, Charles Schwab, E-Trade... all owe their stunning rise to disintermediation."
It's also one important reason inflation may remain tame despite strong growth and increased salaries. Government statisticians can't even begin to capture cost savings and productivity "boosts" due to completely new processes of doing business.
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