I do get the idea
Piers Hemy wrote:
>"Book value" indeed is what I meant by "Inventory carrying cost" - but note
>that is likely below (far below?) the wholesale price, let alone the retail
>price. Why junk it? Nobody would buy it! For all I know the bulk of it
>was circuit boards for QA300 and QA310 flashes, pentaprisms for OM88 cameras
>etc - you get the idea?
>
>--
>Piers
>
>-----Original Message-----
>From: olympus-owner@xxxxxxxxxx [mailto:olympus-owner@xxxxxxxxxx] On Behalf
>Of David Carter
>Sent: 14 October 2005 09:42
>To: olympus@xxxxxxxxxx
>Subject: [OM] Re: Olympus Europe OM apres stock
>
>Which begs the question, if it was worth "as much as USD500000" why junk it?
>Maybe USD500000 was the book value of parts for cameras not worth repairing
>:-(
>
>David
>who'd have loved to have been able to go on a treasure hunt ...
>
>
>Piers Hemy wrote:
>
>
>
>>Talking about the 8mm rear element reminded me that, as I understand
>>it, Olympus in Hamburg have just trashed their remaining OM spares
>>stock - maybe as much as USD500000 inventory carrying cost. A similar
>>story to the US/Canadian warehosue-full which appeared on the auction
>>site a couple of years back, with no buyer - a vast stock of stuff of
>>no conceivable use, which might have concealed treasures (but probably
>>
>>
>didn't).
>
>
>>--
>>Piers
>>
>>
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