On Nov 11, 2007, at 11:21 PM, cctalk-request at
classiccmp.org wrote:
What I meant to say is that the investor who get in
turn the hobby
into a
business. Get in buy low, trade items around between other investors to
drive up the costs, sell out and find another pump and dump hobby. It
leaves
people thinking their stuff is worth money when the people with the
money
are long gone. Granted people will dig up those rarities and trade them
around so they do not get trashed, so there is a plus side to it
(things get
preserved).
There's another factor here - people like Will and Paul and Sellam
(probably) don't cater to deep-pocket collectors as their primary
customers. They cater to businesses who still use the machines in
day-to-day operations and are happy to pay what's needed for a part so
they can get it next-business-day. The other market is lawyers looking
for prior art evidence. In both cases the bankroll is substantially
bigger than almost any collector, so collectors get locked out through
no nefarious intent of the dealers. Remember there's quite a lot of
overhead in locating, buying, storing, organizing, and dealing that one
part that one person will need every 5 years (or longer for the lawyers
- maybe only once in 50 years, but they're willing to pay).
Off of this there is a certain amount of hype-induced market pumping
(lookit how much that old thing sold for! I'm gonna dump my beanie
babies and invest in cawm-pew-tuhs (yes, more sophisticated certainly,
but it's a fun image), but that is vapor wealth because those people
don't have the support to deal to businesses and probably have no
interest in doing professional lawyer supply so the investment is
probably as good as shares in "Gobi Rainforest Woods Limited"
The only thing stopping me from fighting over the big
boys for my
collectables is that nothing I collect would interest the big deep
pocket
collectors in the first place. Everything I like was made in the
thousands
or millions, outbid me today and I just wait for the next one, or find
it at
a garage sale for $1. I guess if I was older and used computers pre
1980, I
might want some of the rarer systems that command money, but they just
don't
mean anything to me so I don't bother.
I certainly wouldn't mind trying out a HP2100 or 3000, or an IBM
mini/mainframe, but definitely same boat here - wussy micros only
(unless you count the TAAC board which might be a mini). I'm a bit
gunshy too, after the trouble it took to outfit my $25 VAX 4200 I'm
hesitant to get into something that I don't know especially if it's
pricy.