On Tue, 2 Mar 1999, Joe wrote:
Anyway, his view is that if he takes a lower
price then people will start
expecting him to sell cheaper. Therefore he sets a price and he doesn't
care how long it sets, he won't come off that price. Sooner or later he'll
scrap it. We just scrapped a brand new $100,000 circuit board component
placing machine today. It was brand new and was still in the original
(HUGE) crate.
That makes absolutely no sense whatsoever! That is a ludicrous way to do
business in my opinion. What have you gained from purchasing something,
spending money to store it, and then deciding to write-off the whole
thing rather than at least make a little money on it (or even break even).
I just don't get it.
Sam,
I agree completely. You're better off to get something for it instead of
nothing IMO. He thinks he's keeping the prices up by doing it that way,
but price doesn't matter if you can't sell it.
Joe