HP3000-L Archives

April 2000, Week 4

HP3000-L@RAVEN.UTC.EDU

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Subject:
From:
Stan Sieler <[log in to unmask]>
Reply To:
Stan Sieler <[log in to unmask]>
Date:
Sat, 22 Apr 2000 11:44:39 -0700
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Re:
> I'm not sure where you're located, but a few years ago,
> I faced the same problem with a 42.  Couldn't sell it, even for parts, and my
> scotch soul wouldn't let me pitch it.  Ended up donating it to a local Indian
>  school, who used it to teach cobol programming and electronic repair-type
> stuff.  The company took a pretty fair tax break, as I recall,

As for tax breaks...remember that you can only deduct the fair market
value ... which for a 42 or a 925 is nearly 0   :(

We weren't able to find a school to take our 44 some years ago...
and this was before I got into collecting old computers ... but
we found a third party reseller who could use it (and was willing
to pick it up for no charge.

The reason I mention the fair market value is that I've recently
had a couple of encounters with people who don't understand that
the price they paid for their computers has nothing to do with
their current value ... or the amount of a legitimate deduction :(

One guy had an IBM 5100 with APL ... which I'd love to get ...
but insisted it was worth $10,000, and if he couldn't sell it
for that he'd donate it somewhere and get a $10,000 deduction.
Hope he doesn't get audited ... or do I? :)

SS
Stan Sieler                                           [log in to unmask]
www.allegro.com/sieler/wanted/index.html          www.allegro.com/sieler

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