I've been dealing with Eli for some time...we met at the Philly Classic a
couple of years back.  He's a really nice and honest guy...definitely on the
up and up.  If that is anybody's concern, it shouldn't be.

I personally wouldn't be interested in 95% of his stock for my personal
collection, but that other 5% would be awfully nice to have.  This deal
won't interest a collector so much as a full-time reseller.  I've already
told him that (besides the obvious reason of cost) I wouldn't bid on this
simply because of the time investment necessary to do anything with it.

Not too long ago I did a deal for about 1500 pieces in bulk, and it was an
incredible pain to go through, sort, catalog, clean, take the treasures,
relist the rest in bulk, repackage and ship.  I ended up with a couple
hundred good titles for free, and sold the rest for double what I originally
paid...and even then I don't think it was worth the time I spent on the
transaction.  I don't even want to think about the work involved in 250K
titles!

Hugh


-----Original Message-----
From: C.E. Forman [mailto:[EMAIL PROTECTED]]
Sent: Tuesday, September 10, 2002 4:26 PM
To: [EMAIL PROTECTED]
Subject: Re: [SWCollect] The Motherlode


> My question, though, is where did
> he *get* all that stuff from?  Did some old computer store have a
warehouse
> that never got sold off?  It doesn't make sense someone would just be
> sitting on such a huge lot of shrinkwrapped software for no reason.

I've been talking with him, and he used to buy and sell closeout software in
the 1980s until it became too much work and not enough profit.  He moved on
to become VP of a bank but has held onto his old inventory this whole time,
until he realized that people were interested in it.  He recently got an
offer on his warehouse space, so he's trying to move the inventory along
with it.  If not he says he'd got a place for it and he'll eventually set up
a site to sell items online, individually.

It seems pretty clear that no one single collector can possibly afford all
this, so unless he snags a dealer with money to burn, he'll be keeping it.
I've suggested the possibility of breaking it down into smaller lots of a
few thousand items apiece, I know several of us who could afford that.
(TomMage got a lot of 10,000 pieces, some new and some returns, a few years
back from the same guy.)  We'll see what happens.

Personally I'd love to pool money with a bunch of other collectors and buy
it up, but then we're faced with the impossible question of who gets what.
B-)



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