---------- Forwarded message ----------
From William Thompson <willy1959 at gmail.com>
Date: Mon, 17 Jan 2005 11:25:40 -0600
Subject: Re: RE: January in Scotland (no lbc) long*
To: Rick Fisk <refisk@chartermi.net>
yes, true they may have bought them at the old prices, BUT they must
think that they want this inventory, and guess what. To replace that
inventory, costs them TODAYS exchange rate.
thats a business owners insight.
what would happen if it were reversed,
say they bought them at 300, and the exchange went the other way, and
you could now buy them from another source for 200, they would have to
take a loss to move them.. it kinda works the same way..
In the long run, this exchange rate crap is a ROYAL PITA <bfg>
On Mon, 17 Jan 2005 12:06:48 -0500, Rick Fisk <refisk@chartermi.net> wrote:
> The part I like about these price increases is that chances are pretty good
> MM has had these parts on the shelf for some time. They bought them at the
> old prices. The exchange rate changes and they immediately jack their
> prices up to match. Guess who gets screwed.
>
> ----- Original Message -----
> From: "John Daniel Caffrey" <jdc6@lehigh.edu>
> To: <spridgets@autox.team.net>
> Sent: Monday, January 17, 2005 11:29 AM
> Subject: Re: RE: January in Scotland (no lbc) long*
>
> > I hadn't checked on the exchange rate but was suspecting a recent
> > upward surge. On Friday I looked up MM's price on the cam belt drive I
> > want and it is now $360.00. Wow, my notes from price checks in
> > mid-December show $270.
> > John
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