Ethan Dicks wrote:
> --- 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%.
Well I suspect that the 1% rule means that a system is a) not rare, and b)
totally
obsolete in the sense that all its functionality can be had in newer machines
(more
at superset).
I'm trying to think of a coin collecting equivalent and can only think of coins
sold by the
pound (weight). Many coin dealers actually buy foreign coins that way.
I was think that ISA cards could trade that way (weight).
>
>
> 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.
No, actually a car IS a good example. What is the value (scrap) of a cubed 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.
>
'Still running' does make a difference. And 'still running' computers obviously
are worth more than scrap, IMO. But it seems that many of them (still running
computers) do get
scrapped.
Eric
>
> -ethan
>
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Received on Wed Jun 27 2001 - 12:36:39 BST