Path: utzoo!mnetor!tmsoft!torsqnt!hybrid!scifi!bywater!uunet!cs.utexas.edu!osborn
From: osborn@cs.utexas.edu (John Howard Osborn)
Newsgroups: comp.sys.next
Subject: Re: BOGUS FINANCING
Message-ID: <17766@cs.utexas.edu>
Date: 10 Feb 91 18:28:42 GMT
References: <4065@orbit.cts.com>
Organization: U. Texas CS Dept., Austin, Texas
Lines: 25

In article <4065@orbit.cts.com> reichard@pnet51.orb.mn.org (Kevin Reichard) writes:
>anderson@dogie.macc.wisc.edu (Jess Anderson) writes:
>>Our credit union will finance computer purchases by faculty,
>>students, and staff.  I think other institutions of higher
>>learning have similar arrangements.  I think NeXT has its
>>hands full enough without setting up a financing arm at this
>>point.
[stuff deleted]
>under 10 percent, while Apple's old financing rate was around 8. There's very
>little hassle with setting up a financing arm--look at the early Apple (a
>Steve Jobs' project, no less!) for a classic lesson on infiltrating society
>through the universities.

Again, I feel it is in NeXT's best interest to set up a financing
organization for students and other academic purchasers.  The University
of Texas credit union, while it does give computer loans, doesn't let
students become members.  Other schools may be similarly fucked-up.
As an aside, when I went to my bank to ask about a computer loan, they
wouldn't finance a NeXT because they only finance "personal computers."
(By definition (the Bank's) a computer must cost less than $5000 to be
a personal computer.)

-
-John H. Osborn
-osborn@cs.utexas.edu