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Yea, but do they spend less than they earn or earn more than they spend???
Personally, I'm working on my second million.  They say that your first
million is always the hardest so I decided to start on the second.  ;)

Dave Parnin
Nishikawa Standard Company
Topeka, IN  46571
daparnin@xxxxxxxxxxxxxxxxxx




                                                                                
                                 
                      John Earl                                                 
                                 
                      <john.earl@powertech        To:       Midrange Systems 
Technical Discussion                
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<midrange-l@xxxxxxxxxxxx>@SMTP@CTB                            
                      Sent by:                    cc:       (bcc: David A 
Parnin/Topeka/NISCO/SPCO)              
                      midrange-l-bounces@m        Subject:  RE: IBM overhauls 
iSeries for the long haul          
                      idrange.com                                               
                                 
                                                                                
                                 
                                                                                
                                 
                      08/17/2004 11:17 AM                                       
                                 
                      Please respond to                                         
                                 
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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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The PowerTech Group
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Seattle, WA 98032
(253) 872-7788 ext. 302
john.earl@xxxxxxxxxxxxx
www.powertech.com



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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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