On 27 May 2013 21:16, Tothwolf <tothwolf at concentric.net> wrote:
To split hairs, adjusted for inflation $666.66 in 1976
would be roughly
$2,724.41 in 2013, which means $40,000 would be roughly 14.68 times what he
originally paid for it. $40k is still a good bit more than what he
originally paid for it, but not anywhere near a 60x return on his original
investment. That's also not figuring in any upgrades he made to the board
(memory?) or anything else he bought for it (cassette interface? software?
user group fees and dues?). He made money, sure, but it was far less than a
60x return on his original investment. I think it is probably safer to say
Mr. Hatfield made closer to an 8-10x return on his original investment,
which after dragging the thing around all these years, really isn't all that
spectacular.
OK. Have it your way. He made 8-10? return. So he made something in
the region of $20,000 to $35,000.
You don't think that is pretty good money?
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