We investigate the relation between holographic calculations in 5D and the
Migdal approach to correlation functions in large N theories. The latter
employs Pade approximation to extrapolate short distance correlation functions
to large distances. We make the Migdal/5D relation more precise by quantifying
the correspondence between Pade approximation and the background and boundary
conditions in 5D. We also establish a connection between the Migdal approach
and the models of deconstructed dimensions.Comment: 28 page