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Got Them Bad News Gateway Direct Blues....
TradeOut, Here We Come....

New MessageGot Them Bad News Gateway Direct Blues.... (modified 0 times) BubbaDog56
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Looks like we can nail the coffin shut on the Gateway Direct deal at $285, for the following reasons:

1) Gateway says they must pre-configure for either HPNA or ethernet, can't provide both even as a user upgrade for later. Also will not sell separately according to Gateway rep.

2) They want $60(!!!) shipping to ship direct to individuals, $30(!!) if they drop ship all to me. Then the additional costs to ship from me to you.

3) They want single payment, so we gain nothing over TradeOut there as far as ease of financial transactions.

4) They will only sell future single units for $499 each (plus $60 s&h), unless we put together another large (60+) group order.

5) As of this morning, I only have 20 units confirmed by the co-op members. And about 6 of those are from new folks, not the current members. No way they'll go $285 on such a small buy, got to be 60+ or better.

So, looks like we move on from here. If we want to get them from TradeOut, we need to meet the $225 asking price or wait until the current listing runs out in 23 days and they hopefully relist at $200. Someone has bought 10 units, so there's still 890 left. They're not flying off the shelves, that's for sure.

I placed another email to the seller requesting confirmation that shipping is included in purchase price, as that's how it is listed. If so, we just pay to insure the shipment, shouldn't be more than a couple of bucks each. According to UPS, I should be able to reship them anywhere in the US via ground service for $20 max, including insurance and tracking. As previously mentioned, I would like to come up with a flat rate to reship to co-op members to eliminate having to calculate charges for each unit. A flat rate also makes it easy for fast payments and deal completion.

We still have our current bid in for 50-75 units at $200, we can increase it to $225 at any time and start to move forward if that's what y'all want to do. Based on the lack of email responses from the seller, we definitely will want to do this transaction through an escrow broker so our funds are protected until we receive the units and verify they're as advertised. Using an escrow broker will add about $4 per unit.

So we can still do this in total for about $250 delivered to the co-op members. We can start to buy at any quantity over 10 pieces, but would be better to do as many as possible at once.

The other potential hassle is the funds transaction to me to pay the seller. PayPal can legally sit on our funds for an extended period, like they did with the WebPlayer co-op. ECount can do the same, and they only accept a maximum of $2000 per month. So neither of these look very expedient. I would like to suggest cashiers checks or money orders be mailed, personal checks only if absolutely no other way. At a predetermined point, say the end of next week, we move forward with the orders we have money in hand for and draft a cashiers check to the escrow company. I would be willing to do this weekly for maybe 3 weeks placing a weekly buy, but would expect most payments to be ready for the first buy.

So we're kinda back to square one, open forum for opinions. This is a co-op, so speak your piece as to where we go from here....

"Gotta go slow to go fast"
B'Dog

05-01-2001 07:38:49

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) smigs
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Hey Bdog,
Sorry to hear about the Gateway deal that went sour. Here is my idea. Set up a thread that says we will go with the tradeout guy for $225 (but state it will be $250 with shipping and escrow) and say everone who wants one e-mail or post to the thread (whatever is easier, but it would be nice to see the interest). Then make a deadline in like 5 days. On that 5th day see what we have. If it is 5 units, then extend it. If it is a bunch, then state on that 5th day everyone sends you the MO, CC, etc. You should get them at approx. the same time (within a day or two). Then contact an escrow company and get the thing rolling. I think it must be clear that they will be ~$250 and the buyer must have the money to send on the 5th day.. This is just my idea, let me know what you all think!

smigs

05-01-2001 08:40:15

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) Ryan
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I say we wait and see what happens on TradeOut. Like you said, they're not flying off the shelves. What's the harm in waiting? It would give us time to find out the capabilities of the system before we all spend a bunch of money.

Ryan

05-01-2001 09:48:43

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) Steve
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Bubba, don't even offer "a personal check if no other way". There's no reason for you to be taking a risk at $250 a pop. If people want this thing they can go to their bank, or heck to any Post Office, and get a money order.
Bubba, can you call this guy? Maybe a lot of these questions can be cleared up with a person to person phone call - shipping cost included, ethernet, OS options installed on cd or what, can we contact the 100 buyer, etc. Why has this guy refused to answer ANY query?
05-01-2001 09:53:08

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) GWIZAH
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Bubba, I agree with Smigs post above. If you create a thread stating that you MUST leave e-mail and your Nick and that this will ONLY be for the $250 offer with a MO, or a CC, then you can count who really wants to make a purchase. After a few days you can see if there is a real interest in making a group buy.
05-01-2001 11:07:17

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) smigs
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Just so everyone knows, when I say CC, I mean Cashiers Check and not Credit card. I am sure that Bdog does not accept credit cards!
05-01-2001 11:13:10

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) Steve
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Well we could do it either way. Smigs - let's get moving. Or Ryan - "they're not flying off the shelves. What's the harm in waiting? It would give us time to find out the capabilities of the system."
With the uncertainty about the seller I think we should either wait and use the time to study the system more (and see if this seller is legit). Or buy only ten at $225 and see how it goes. Of course buying 10 at $225 will mean that there's more likelyhood of killing off future orders at a lower price.
Waiting shouldn't be much of a problem but I wish could could get our hands on a few more so we can learn more about it before making a large group buy. Knowing that we have touchscreen drivers that work would take a big load off of people's minds before buying one. Without the touchscreen you've got not much more than an IO at 2.5 times the price.
I've been keeping an eye on ebay but nothing has shown up there.
One other thing. I think the $225 is just the asking price and not a "buy it now" price. If so, then even if we put in a bid for 10 or more at $225 we'd still have to wait a month for this auction to close before a transaction could even begin.
05-01-2001 17:24:58

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) trout
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Do the tradeout units have ethernet? That would be much nicer than the usb ethernet. It sounds like if they are not, we can't get the ethernet adapter from gateway.
05-01-2001 17:59:19

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) BubbaDog56
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smigs,

I like your idea about a separate post to check latest interest, I'll get one up soon.

Ryan,

Yeah, they're not going anywhere fast, can't hurt to wait at least a few more days to get more feedback from BadFlash and yellow1 regarding drivers, touchscreen and other details. We have our current bid in for $200, he can't dismiss it unless someone comes after the entire 890 units at his asking price.

Steve,

20/20 hindsight, I must've been feeling too kind when I added the personal check thing. Why leave my ass out there, and have to hold up everyone else 3-5 days to see if it even clears?

Buying 10 won't hurt us for future buys as far as I can tell. The reason it went from $250 to $225 is that TradeOut automatically reposts any remaining quantity for 10% less than the last asking price, unless you tell them otherwise. The current price of $225 is the TradeOut equivalent of eBay's 'Buy It Now', except they call it 'First Come First Serve'. Actually eBay is a large investor in TradeOut, and they co-promote each other. Any bid for 10 or more at the asking price of $225 gets the units, that's why the quantity went from 900 to 890 when someone met the asking price for 10 units.

I don't know if the seller watches the BBS or not, it's no excuse for not getting back to me regarding our bid or our technical inquiries. I'm calling TradeOut in the morning to see what they know about the seller, if anything....

'Making Hay While The Sun Shines'

B'Dog

05-01-2001 18:08:04

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) gr8_brit
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B'dog,

My money (all ~$250 worth of it ) says 'go for it' at the bidding asking price of $225. I'm sure at least 9 others will agree.

If others want to wait for the (possible) lower cost route later, then fine, that's their perogative. Me, I'd rather be on the bleeding edge and get one NOW! (or at least when the remaining bid days are up).

I stand behind my words and await instructions to run down to the Post Office and mail you a Money Order.

I agree with starting a 'definitive@$250' thread.

My $0.02.... It's time for ACTION!

Your efforts are well placed and I wholeheartedly want to thank you in advance for your efforts. You are... "A Daimond geezer"

Cheers,


gr8_brit
05-01-2001 18:21:48

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) Randy
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A word to the financially wise: Bubbadog, get a good accountant if you plan on accepting payments directly from people and deposit their checks into your personal bank account, etc. 40 units at $250/each will look like $10,000 worth of taxable income to the IRS. Now of course you won't actually have to pay the tax since your expenses equal your income; nevertheless, you will have to report it as income, then itemize the expenses to deduct same. Otherwise, your bank deposits and your tax filing won't be congruent which is one (of many) flags the IRS uses to determine who gets audited. In any event, it's a bit more complicated that 1040EZ, so your $500 to a competent tax accountant will be well spent.

Randy

05-02-2001 07:02:33

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) Randy
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Ok, typo... instead of "more complicated that 1040EZ," I meant "more complicated than 1040EZ." Lynch me.
05-02-2001 07:03:54

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) amused
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I'm in at up to $250.
05-02-2001 08:04:42

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) smigs
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Any new news?
05-02-2001 19:43:10

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) BubbaDog56
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See the new 'Whack Gateway While You Can' thread....

B'Dog

05-02-2001 19:58:52

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) gr8_brit
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B'Dog,

Count me *off* the confirmed list for now...

Ordered direct from Gateway after reading new thread.

Cheers,


gr8_brit
05-02-2001 21:44:04

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) mykolJay
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Yeh, could you take me off the list too...thanks
05-06-2001 15:16:40

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) SwankyDoodle
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I suppose a "me too" is in order... please take me off, since we can order more for cheap. :)
05-06-2001 16:39:34

New MessageRE:Got Them Bad News Gateway Direct Blues.... (modified 0 times) wordsmith
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Im going to do the same. Sorry Bubba.
* WordsmitH
05-06-2001 16:47:39

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