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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: edamo who wrote (96108)	2/8/1999 5:17:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 176387

edamo, i concur. my #1 competitive advantage when managing people is i like them and treat them with respect b/c what they do is important. however, economic theory is very accurate. it says that if you have supply and demand imbalances then price goes up. if it doesn't then you go on allocation - which isn't good either. if supply is overwhelming then you lower cost or ramp inventories - inventories that may or may not be worth anything in the near future... i also very clearly understand that in some industries efficiency advantages tend to decrease price - the pc industry being a prime example. it does so indirectly, though. the direct effect is on supply. supply, in turn drives down the price. sometimes to the point that all participants are losing money. dram, dd and other component mfrs have just gone through this glut nightmare. econ 101 is sometimes presented in a drab, mechanical, anti-human way. the material isn't the presentation and the material is pretty cool.