I'm behind Tech Data for a rise in share price. I have my own consulting/var business (www.isbgroup.com) and Tech Data is my #1 distributor source for PC's, Parts, Accessories, etc. They have warehouses all over the US, most of the equipment I need is in stock and shipped within the next day, but I guess that's irrelevant.
I know that Tech Data has a relationship with OnSale (ONSL) AtCost. Basically, Onsale resells Tech Data products at their cost (which is wholesale). I'm sure many other online "wholesale" distributors have Tech Data as a backbone.
This is also a slow period of the year for computer purchases, all computer manufacturers were hit with slowdowns. The stock right now is at 1/2 the value it was at it's high, I very much doubt that it will go much lower. In fact, as I speak it's up $1 since it was this morning, but we all know how that changes during the day.
Take care,
Richie |
