I would suspect #1.

Dealer markups always generate heated discussion. Most people seem to think dealers should give stuff away on foolishly slim margins. Retail has turned into a very tough business and dealers have a lot more than just the cost of the speakers to cover before they break even.

In the '70s 300% markups were not unusual in clothing. It used to be a lot easier to get a deal on stuff.

Fred

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Blujays1: Spending Fred's money one bottle at a time, no two... Oh crap!