(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:
Attachment | Size |
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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