O. of Idea Logical, a media-consulting firm, believes that Random House is holding out for a better deal.
Its share has now slipped to around 60%, according to Mike Shatzkin, chief executive of the Idea Logical Co.
"So the incumbents benefit and that means independents, " says Shatzkin, founder and chief executive of Idea Logical, a consultant to publishers.
Meanwhile, as Mike Shatzkin, a consultant with the Idea Logical Company in New York, points out, Ingram and the other book wholesalers also have something to fear from the Internet.
"I think that there will be a 50% reduction in bricks-and-mortar shelf space for books within five years, and 90% within 10 years, " says Mike Shatzkin, chief executive of Idea Logical Co.
And, pursuing this idea to its logical conclusion, Elementis Specialties, a British company, has gone one step further designing ionic solvents that themselves act as catalysts.
Once he had an idea in his head he pushed it to its logical conclusion and if he was proved wrong he simply shifted to another idea, which he pursued with equal certainty.
But on average, logical investment decisions will beat those based on the idea that recent experience will continue.
Gandhi helped return the party to power in early 2004, and since then she has extended the idea of "inclusive growth" to its logical, though contestable, conclusion.
True, the idea of taxing the tax collection bureaucracy does have some logical problems.
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Perhaps we should extend Zittrain's idea beyond the computer and onto the network itself, and offer two separate logical networks, operating over the same physical connections.
Rather that the basic idea of a digital music player was in the air, it was an obvious and logical development.
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