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To: Elmer who wrote (55027)5/4/1999 12:17:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
David, Did Bogle happen to comment on Dell then? (the most successful internet retailer and certainly profitable). This description sounds a little short sighted. I think most feel that the low margin businesses allow the leaders to force the weaker players out of business, therefore garnering the entire market. Thats a very simplistic explanation but thats the gist of it.