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Gold/Mining/Energy : An obscure ZIM in Africa traded Down Under -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (794)5/2/2003 10:29:05 PM
From: RealMuLan  Respond to of 867
 
Jay, I guess you are right. It is funny that a lot of Americans believe get something for nothing<g>. and sometimes it is really true.

A couple of years ago Intel set up a Wireless dept., and kept losing money, so they closed the dept down, and put everything on clearence. I bought an Intel wireless mouse, $20 on sale, and got $30 rebate back, so my net gain is more than $8 (after tax).<g>

And a lot of young people who got the time to kill on the Internet, can find a lot of deal like this. Sometimes, after spending $200, and get a bunch high-tech product, but pays nothing, may even get some money back<VBG>.



To: TobagoJack who wrote (794)5/3/2003 11:29:38 AM
From: BubbaFred  Read Replies (1) | Respond to of 867
 
How does that work into the balance sheet? It would prop up the sales numbers and reduce inventory. How does the rebate entered into the books? Can another company assume the rebates and the handling expenses to offset gains?