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Strategies & Market Trends : The Millennium Crash

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To: Giordano Bruno who wrote (3829)	11/25/1998 6:04:00 PM
From: Jon Matz	Read Replies (3) of 5676

The internet is quickly evolving into the FIRST PLACE to shop for: Legal and Medical Advice Realestate Education Investment Information & Investing Books & Gifts Automobiles New & Used Specialty Appliances Health Care Products Beauty Supplies Groceries Delivered Meals etc., etc. Much of this will use automated processing via accounting and information databases. This can and will eliminate perhaps millions of retail sales people over the next ten years and hundreds of millions square feet of retail sales space. The current primary driver is cost savings. This spells deflation! Your mention of Walmart is relevent as they pioneered the last major cost saving method which was "just in time" inventory. In the internet marketplace, manufacturers will ship direct to consumers. Or the fairly new industry of multi-vendor warehouse shippers will grow to accommodate the growing need. Cheers, Jon

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