The Channel logo


By | Drew Cullen 19th May 2005 08:46

IT distributors have 'compelling valuations'

On which planet would that be?

It's tough being a IT distie - managing the drip-drip effect of margin squeeze, of reduced co-op marketing budgets, of vendor consolidation and seeing the month's profits wiped out by a collapsing customer.

So it is nice to see that some disties are coping.

In its latest channel checks, Banc of America writes: "We believe that distributors continue to play a vital role in the supply chain," reports.

The investment house acknowledges that direct marketing companies will grow "organically faster" than the market as a whole and looks for "two-tier distributors to grow organically at around the rate of the broader IT market".

Synnex and Tech Data shares are looking "particularly attractive", following a recent price correction in IT distribution stocks, it says.

More at

Related stories

Irish distie DCC cheers, a bit
Bell Micro sounds a profit
VIP goes ecommerce-tastic

alert Send corrections


Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


Suit-and-tie-wearing man tries to meditate, take deep breaths in faux yoga pose. Photo by Shutterstock
Emotional intelligence, not tech skills, is the way to woo suits
League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe