Re: Developer Lease to 1.75%????

[Glenn Ericson <Glenn-Ericson@xxxxxxx>]

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Want to try 1%?
  This is  a big  jump  with  change in lease terms

At 11:03 AM 06/10/2002 -0400, Booth Martin wrote:
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>Wasn't it 2% before?  That's an attractive rate isn't it?  1.75% of a $25
>000 system is... $450/month? On the face of it that sounds reasonable to me.
>
>-----------------------------------------------
>Booth Martin
>Booth@MartinVT.com
>http://www.MartinVT.com
>-----------------------------------------------
>-------Original Message-------
>
>From: midrange-l@midrange.com
>Date: Monday, June 10, 2002 10:56:04 AM
>To: 'midrange-l@midrange.com'
>Subject: Developer Lease to 1.75%????
>
>I just got the following in an e-mail from IBM, this is a joke, right?
>
>"Effective June 7th, the lease rate for the developer lease offering will
>change to 1.75% of list price. The affected platforms are, iSeries,
>pSeries, Storage Systems and Retail Store Systems (Point of Sale). The
>lease term duration is 24 months with no early termination option."
>
>The last thing IBM should be doing is making it harder for software
>developers to get a machine and stay current on it. Does anying have any
>insight into this?
>
>-Walden
>
>------------
>Walden H Leverich III
>President
>Tech Software
>(516) 627-3800 x11
>(208) 692-3308 eFax
>WaldenL@TechSoftInc.com
>http://www.TechSoftInc.com
>
>Quiquid latine dictum sit altum viditur.
>(Whatever is said in Latin seems profound.)
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