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Technology Stocks : PC Sector Round Table -- Ignore unavailable to you. Want to Upgrade?

To: Stitch who wrote (364)	5/17/1998 7:04:00 PM
From: tom pope	Respond to of 2025

>>I intend to put that word in my curriculum vitae as soon as I have practiced spelling it enough that I can do so on an extemperanous basis.<< Right. And remember that for those of us who still think there is a place in this world for Bill Gates, the next standard to raise is that of - are you sitting down - antidisestablishmentarianism. GO ANTIDISESTABLISHMENTARIANISM!! Did somebody say Go Huskies? That could get me in trouble with the Cougar lady I live with. I understand the Cougars won the Rose Bowl, or so I am told. (Lawrence - your point is well taken, as usual)

To: Stitch who wrote (364)	5/17/1998 7:31:00 PM
From: Frodo Baxter	Read Replies (2) \| Respond to of 2025

>I intend to put that word in my curriculum vitae as soon as I have practiced spelling it enough that I can do so on an extemperanous basis. Speaking of which, maybe you should practice spelling extemporaneous. <dorky grin>

To: Stitch who wrote (364)	5/19/1998 1:18:00 PM
From: Daniel Goncharoff	Read Replies (3) \| Respond to of 2025

Sorry I am coming late to the disintermediation discussion, but I only now caught up on the messages, and find myself a bit confused. I have always understood the word to mean the elimination of a step in the process of connecting a producer and consumer. To me, selling PCs directly over the internet, skipping the entire world of wholesale and retail vendors, is huge disintermediation. Getting suppliers to agree with just-in-time delivery has nothing to do with it. Buying a book thru the internet rather than ordering it in person from Barnes & Noble does not look like disintermediation to me, just a change in the process, similar to the automobile v. the horse. Now if Random House started selling all their books directly, that would be intermediation. ML created disintermediation years ago when they took securities investing from a local enterprise (I believe the were about 150 stock exchanges in the US in the later half of the 19th century) to a national one. To me, Fidelity did not disintermediate, they just made the process cheaper, although one could argue that the introduction of direct access to mutual funds is a form of disintermediation. Electronic brokers remove the human broker from the process -- disintermediation. A bit pedantic of me, perhaps, but I went to Yale, so... DanG