2006 and 2007 were banner channel merger and acquisition years, and 2008 looks to be as well. Look out, here comes the next M&A wave fueled by tightening credit, corporate cutbacks and belt tightening, presidential election angst, etc. It's happening in each every sector from e-tailers to one-time prosperous direct marketers to Microsoft large account resellers and solution providers that have failed to stake out a No. 1 or No. 2 position. That No. 1 or No. 2 could be a geographical, vertical (medical, insurance, financial) or technology specialization. If you aren't there yet, you better do some soul searching and shape up or ship out.