RE: IBM overhauls iSeries for the long haul -- MIDRANGE-L

Chuck - 

The Millionaire next Door.  It's a worthwhile read - based on the
authors research, they effectively bust the myths about millionaires in
America.

What's the one thing all millionaires (definition: net worth > $1M U.S.)
have in common?   They spend less money than they earn!

This is not rocket science.

jte



P.S. - And the number one vehicle owned by U.S. millionaires?   Ford
F-150 - usually a couple of years old.

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> -----Original Message-----
> From: midrange-l-bounces@xxxxxxxxxxxx [mailto:midrange-l-
> bounces@xxxxxxxxxxxx] On Behalf Of Chuck Lewis
> Sent: Tuesday, August 17, 2004 7:45 AM
> To: 'Midrange Systems Technical Discussion'
> Subject: RE: IBM overhauls iSeries for the long haul
> 
> Steve,
> 
> That book sounds interesting (I just hit Amazon). I
> personally know 2
> (multi) millionaire's and they don't fit that car
> scenario. One, two years
> ago got rid of his 5 year old Porsche Turbo Carr era and
> got a brand new
> Lamborghini Diablo :-) The other leases BMW's and Mercedes
> and also changes
> every couple of years. And then there is me, at the moment
> I'm driving a
> 1987 Mazda 323 with 167,000 miles on it. Hmmm, better
> check my net worth
> <VBG>...
> 
> Chuck
> 
> Steve wrote:
> 
> Rob-
> It's interesting that you make that point...
> 
> Why?  Because M$ has introduced few features in any
> version
> of MS Word beyond version 1.0 that I find the occasion to
> use,
> and I tire of ponying up $$$ every time they come out with
> the "latest and greatest" version with all of the
> bloatware features
> that I know that I'll never use.
> 
> And you know what?  I still miss WordPerfect 5.0 - The
> "reveal codes"
> feature was nice.  You could actually SEE the control
> codes for your
> document formatting, if you desired.
> 
> I don't guess you have ever read "The Millionaire Next
> Door", have you?
> 
> Did you know that the average millionaire drives a 10-year
> old car?
> If he does, why would he expect his companies' information
> systems,
> if based on iSeries - AS/400 to be gutted and replaced
> every 2-5 years
> just because IBM comes out with new hardware and operating
> system
> upgrades that obsolete previously working software?
> 
> Or worse yet, impose an "interactive tax" on these same
> companies
> just, IMO, to squeeze more money out of them or force them
> to upgrade/
> rewrite their software using Java and Websphere?
> 
> One reason -
> IBM is now a service-based company!  They derive a
> majority of their
> revenue from services, NOT hardware sales.
> 
> In the past, IBM's philosophy was "we will preserve your
> investment
> in your software".  I heard this mantra over and over in
> the 80's and 90's,
> every time IBM came out with a new release or hardware
> upgrade.
> 
> It should now be revised to say:
>  "We will protect your investment in your software as long
> as you
> are willing to pay us big bucks to stay current with your
> hardware/OS
> and pay us an interactive tax to keep your old green-
> screen
> applications working".
> 
> Just thinking about us little guys,
> 
> Steve Landess
> Austin, Texas
> (512) 423-0935
> 
> 
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