Registered: Apr 2004
Location: Dallas, TX
[QUOTE]Originally posted by Morg111
[B]I doubt you will be making a 60% profit on those.
As the first seller of any HR10-250 on Ebay I should point out the profit margin was a little closer to 133%. If you annualized my return taking into consideration when I paid for it, when I received payment and assume I could duplicate it, my annual return would be something like 6,916% before compounding.
I wonder what makes me sleazy or even greedy for that matter? I spent a great deal of time acquiring this machine and had every intention of putting it in my home; albeit my intention is irrelvant. I saw an opportunity because supply was extremely tight. As an avid consumer who often feels like I must have it first (which I did), I thought someone would be willing to pay significantly more because they had not done their homework ahead of time or they just didn't care about the money. In case you don't get it, I was right of course.
Someone from your (now OUR forum) posted about it here and I found out from the buyer. My listing had 32 hits the morning after I listed it. By noon it had 700 hits after someone (thank you) listed the link here. No one had to buy it and the demand was unreal. I really think I could have held out for $3,000 looking back.
You stated "I doubt you will be making a 60% profit on those" refering to another member selling his old units. One of the few statements from you that I agree with, but please explain the relevancy of selling something on Ebay for either a profit or loss. Using your own flawed argument, forum members should pitch in to cover his losses as he has to sell something for less than he paid for it. Selling at a loss is also immoral according to you. We can only sell things for the same price we paid for them.
Let's take your 'morals' argument one step further. You think it is sleazy and unfriendly to sell it for a profit (it's called Capitalism). I think you are essentially suggesting some form of Socialism would be appropriate here. How about this? If you can get all forum members to agree to this, I will take my profits and donate them to the charity of your choice. You stated "with my morals, I'd feel bad about ripping off forum members..."
Here is how it should really work according to you because a truly 'moral' or Morg111 society would not only have everyone paying the same price, but.......
NO FORUM MEMBER can get their new HR10-250 Tivo until EVERYONE who wants one has one. How about that? You get all the people who paid $899-$2500 to agree, uninstall their Tivo's and I will donate my profits to charity. You can arrange to store them in the Morg111 Kremlin.
Please keep me up to date with your progress.
Those of you that are not willing to pay more and those of you that were either not fortunate to order early, didn't know any better, are eternal procrastinators or are just lazy, you can now benefit from Morg111's morals. No one will get it before you and the majority can wait several more months. Ah, eternal Bliss Morg111.
It dumbfounds me how someone can be sleazy or taking advantage when you have a willing buyer and seller of a legal product.
Interesting you would say forum members should not be allowed to advertise Ebay listings here (which I didn't, but would have no problem if I did). Regarding my specific listing-Who do you think the interested parties were? Most inquiries were from FORUM MEMBERS.
We live in a free and open society. Perhaps your vision and Morg111's vision is the Tivo Community Forum should be a microcosm of Marxist Society?
Last edited by TivoGuyinDallas on 05-05-2004 at 02:24 AM
POST #31 | Report this post to a moderator
| IP: Logged