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 Yahoo article on Manhattan Diamond dealers.

P:  1/29/2007 2:40:35 AM  
diamondheart
diamondheart

Rough Rock
Total Posts: 65
Last Post: 6/21/2007
Member Since: 7/24/2006
 
http://news.yahoo.com/s/ap/20070128/ap_on_bi_ge/diamond_district

Pricescope must be making a big dent!

 


Posted:  1/29/2007 2:40:35 AM

 There are 2 replies to this message.  There are 2 replies on this page.

P: 1/29/2007 2:49:25 AM
Garry H (Cut Nut)
Garry H (Cut Nut)

Ideal Rock
Total Posts: 11,584
Last Post: 11/24/2009
Member Since: 8/16/2000
 
ho hum

Garry Holloway FGAA DipDT

HCA and Ideal-scope developer

http://www.ideal-scope.com and
http://www.HollowayDiamonds.com.au

Posted:  1/29/2007 2:49:25 AM
P: 1/29/2007 3:21:16 AM
DiaGem
DiaGem

Ideal Rock
Total Posts: 3,927
Last Post: 11/21/2009
Member Since: 10/21/2004
 
Like i said numerous times before....
The industry is changing from a primitive business to a more creative modernized business...

Obviously, since the world is getting smaller (comunication-wise), the place for "brokers" is diminishing.
Businesses that are working solidly require office space and handle everything in-house. the need for a trading floor is becoming minimal so trading floors are becoming social clubs for our elderly (which is important too).

I dont agree with the paragraph that  a diamond cutter says "People know there is less business". On the contrary, there is quite more business that before..., it just shifted to the hands of professionals. Cutters that are up to date with cutting procedures cant produce enough to meet demand!!!

**********************
>Y<

Yoram F.

Antique Diamond Gem
http://www.diagem.net/

"When it doesn't exist, design it..." Sir Henry Royce

Posted:  1/29/2007 3:21:16 AM

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