--- Eric Chomko <chomko_at_greenbelt.com> wrote:
> Ethan Dicks wrote:
> > ...the 1% rule - ten years later, you can get a computer for 1% of its
> > original purchase price.
>
> Wait now, my Mac II fx, was $10,000 when it came out, that means its worth
> $100 today?
I just re-read this and wanted to make sure I understood... did you mean
it was worth _as much_ as $100 or _no more than_ $100? My assertion is
the *max* value after 10 years tends towards 1%. It's a rough guide, not
an inviolate figure, but for estimation, the real numbers should be closer
to 1% than, say, 5%.
This rule seperates computers from other forms of manufactured goods because
they are rarely worth 1% or less while still functioning. Think of a car.
Is a 10-year-old car worth 1%? Probably closer to 10%, maybe as much as 20%
(collectables notwithstanding here). Is there ever a time in a car's life
when it is worth 1% and still running? I doubt it, but I'm willing to
entertain exceptions.
-ethan
=====
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Received on Tue Jun 26 2001 - 14:35:29 BST