From: Bill Morrow (penzance_at_gate.net)
Date: Tue Apr 24 2001 - 04:34:35 EDT
Note:
IBM MUST charge sales tax on all sales since IBM has "presence" everywhere..
IBM also charges list price, less 20% plus sales tax and shipping..
i got my 770X via the influencer program and paid about $200 more than what
i would have paid street price..
(this WAS, of course, on a $5k + machine)..
this is not to say that 20% off today would not be a great deal at times,
its just not the great deal that it at first appears to be..
sometime this week, i think i'll pick up some IBM stock..
just to have a few shares.. :-)
and if i can get a transnote for $3k, less 20% (i.e. $2400 + 7%) i may just
do it, once i recover from april 15th and my amex statement..
Cordially, :-)
Bill Morrow
WEB page http://thinkpads.com
thinkpads.com Open Forum
http://www.afaonline.com:8080/webboard/$webb.exe/~2/login?
or go to thinkpads.com and link from there
E-Mail: bill at thinkpads dot com
----- Original Message -----
From: <bandy_at_cinnamon.com>
To: <thinkpad_at_cs.utk.edu>
Cc: <bandy_at_cinnamon.com>; <jcla_at_home.net>
Sent: Monday, April 23, 2001 1:20 PM
Subject: not so wonderful thinkpad deals
> While I appreciate the thought/sentiment that went into Peter's email, I
feel
> that I should point out that for the price of one share of IBM stock, you
can
> get access to "great" prices on IBM hardware, up to and including the
> TransNote. They look to be about 20% under street prices, on the average
and
> may be exactly equal to employee prices.
>
> IBM is one of the companies that allows investors to directly purchase its
> stock, saving you a broker fee. It also allows you to re-invest your
> dividends into purchasing more stock, and they will purchase fractional
shares
> for you, so your money is always tracking the stock. Not a bad deal,
> especially for a blue chip.
>
> http://www.ibm.com/investor/services/FAQs/irsefa-isds.phtml
>
> >From most recent memory, the best Thinkpad deal was $899 or $999 for a
600+MHz
> model.
>
>
> Disclaimers:
> Both of my parents work for and retired from IBM
> My cheap uncle is also an IBM retiree
> My wife and I hold less than four shares of IBM stock
> I have no idea what percentage of my 401k consists of IBM stock
> I keep telling my dad to "spend everything" before he croaks
> I don't know if non-North Americans can get the same deal
> I'll never buy or recommend another Compaq computer again
> I haven't sat down and double-checked shareholder prices with employee
prices
> My next x86 computer purchase will be IBM
> I am not a broker, nor do I play one on TV
>
>
>
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