Archived posting to the Leica Users Group, 2000/07/08

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Subject: Re: [Leica] LHSA M6 Question/Complaint
From: Martin Howard <howard.390@osu.edu>
Date: Sat, 08 Jul 2000 06:37:31 -0400

John Coan jotted down the following:

> But it sure worked out badly for those of us in this predicament.
 
I agree.  Not that I find myself in the position where I can part with
anything approximating $2,500 for a camera body, nonetheless, imagining
myself for a brief moment in that position, I'd be ticked off too.

(Hmm, why is it that after spending a night up writing academic papers, I
find myself constructing extremely long winded sentences... ;)

> We're only talking about $45 for the membership here (plus float on the
> purchase price for x months).  It's not the money, it's the principle.

Actually, it *is* the money ;)   $2,500 invested wisely (and with a spot of
good fortune) can result in a fairly substantial capital gain over even a
few months.  In addition, there is the issue of a reduction in spending
freedom: the fact that the LHSA has your check for some amount of time
before they part with the goods means that you cannot use that money (or any
portion of it) for any other purpose.

When the situation is reversed and a bank is at the other end of the deal,
you have the pleasure of paying interest on the amount for exactly those
reasons.

M.

- -- 
Martin Howard                    | "We learned that there is no such thing
Visiting Scholar, CSEL, OSU      | as a free launch".
email: howard.390@osu.edu        |   -- Dr P. Murdin on Cluster II launch
www: http://mvhoward.i.am/       +----------------------------------------