(Classified) READIES ACTION ON LEASING MAY HIKE TLPS UP TO 5% YEARLY

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP85-00988R000600160042-4
Release Decision: 
RIFPUB
Original Classification: 
K
Document Page Count: 
1
Document Creation Date: 
December 12, 2016
Document Release Date: 
March 13, 2002
Sequence Number: 
42
Case Number: 
Content Type: 
NSPR
File: 
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PDF icon CIA-RDP85-00988R000600160042-4.pdf212.92 KB
Body: 
THE NEWSWEEKLY FO1 THE :COMPUTER COMMU1 Second-class postage, paid at Boston, Mass., and additional mailing offices IBM Readies. May Hike TL'Ps Up to 5%. Yearly ARMONK,. N.Y. -'IBM is now offering long-term leasing customers only limited.,, one=year rate protection on its line of 370' virtual machines. In a recent letter to Term Lease Plan. (UP) customers, the .firm said it is reserv- ing the right to raisetental prices under u such four-year contracts by 5% after the 0f Strik first year, another 5%' after the'second year and a further 5% the final year of o tu1 Workers the contract. TLP customers must receive 90-day notification of rental increases. -- 8y Patrick Ward In addition, IBM said purchase price f the cw Staff protection will be limited to one year and II NGTON, D.C. -- Management after that it reserves the, right. to. raise the., ter the reason, computers co .e next U.S. Postal Service,stri it all is the Letter Csnier'j 'ot , tdrnto, Ind. a iW", Ore. There, two-man ith measuring wheels have fol The new regul'atio'n are effect;, TC1?t il` ti c' maximum increases will be levi 'only aver, `IBM his announced general price,: increases,. a d spokesman said the- 370/115, '.310/125, 370/135, tt rcarriers on their rounds, take 370/145, 370/158 and the 370/168, in this manner. th# Buse, the number of steps to d the la of the land. DelOy Urged an CDP Proposa xs uns also figure in street distances i.w RequiringStatr+~ I~l~ensirrr 9 ue ,; CHID ,TWO professional societies Swearingen : the P 'em,r la opposition to the system centers concerned with certification have stated iented toward the middle and sipper levels refusal of management to recc- that mmnatc to ri[,'nQP. rlP,.re nrp llnrp_ ,-f nn w m. .'rh_. b ------ ACTIO zon a ing. along with their multisystem units, chan The rates under the TLP ate identicalto the rates under the Monthly: Availability Charge, but the user doer not have to pay more than one shift a day. Applies to Mo~thIy Rental maximum rate rise in each of the second third and fourth years, would apply to the bas,e~ monthly, rental; A unit thatyco t $100/irio under t'hen',P Jhholwayear, therefore, could berised to a maximum of $105/mo the second year, $110/mothe third year and $115/mo the fourth year Similarly, the raises ..in the: purchase price would be limited to 5% per, year??.on the original purchase price and would not ';would ,always be applied to the original contract price. gl?athi5tl: ? by e, which - the user garners pur- chase of the equipment. ?A maximum 11 of 50% of the purchase price can be accrued 0 ARMONK, 1\ "swift action" ,.payments on ?tions -- penaltie In the Telex Christensen on enforcing cane term contracts the firm from tracts with; ca $ilon# for a, three And. even thot Christensen dec would volunta payments while However, wit; ,, overturned by t tIt would: take -` get,the Christen overturned. IBM has to,ap have: the order' appeals court d lower court con legal sources ?s none has been S Two The equipmen ? includes: all` ea v3ides,~at are ZBM .hliicd'Terr tended-Term Le