Gilbert M. Hale wrote:
> Now divide that $12k by our combined state and federal income tax rate
> substracted from 100%, and you have what it really cost me back then, as it
> was a personal expense - not business along with the respective writeoff...
> Back then my combined tax rate was likely 30%, so $12,000 / .7 would be
> about $17k in today's dollars (assuming your $12k figure is accurate).  But,
> that amount did include IBM DOS!  Of course, the power cable for the PC was
> n additional item to purchase, it did not come with the PC.  My first
> nickel-and-dime computer experience, May 1984.

Hi Gil!

No wonder all the old timers have a box of power cords. PC dies and gets 
trashed, but the power cord is seen as residual value.
-- 
Regards,

Pete
http://pete-theisen.com/
http://elect-pete-theisen.com/

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