Mention the word "memo" to anyone in the jewelry industry and it's sure to evoke a strong reaction, but you never quite know what it will be. Some retail jewelers view the memo system as a legitimate way to do business, and the only way they can stock their display cases without going broke. As Jerry Gause of Florida-based Gause and Son Jewelers puts it, "It takes a lot of money to stock a jewelry store. It's not the fastest-moving inventory in the world either."

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