[Premium-Rx] Things must be really bad when...

[Berndt Josef Wulf]

G'day,

it really isn't all this bad. A Harris RF-590 receiver just sold for US$2000 
and a Watkins HF receiver of similar vintage fetched well over US$3000, I 
didn't see the conclusion of this auction so it may be much higher, on eBay. 
So there still is a lot of money going around.

I don't agree with the insane prices this type of equipment attracks and 
dislike the idea of "investors" purchasing equipment for profit instead of 
leaving it to the serious collector/hobbiest to restore, present and, where 
possible, operate it on-the-air. And there are the wheeler and dealer that 
purchase pallet lots of gear for peanuts on a regular basis only to sell it 
on for huge profit margins. 

Limited supplies of equipment for sale to the International market segment 
(USA vs rest of the world) is a major contributing factor, due to the rather 
strict and silly export restrictions on DEMIL'ed equipment. Silly because it 
is possible to legally purchase an US made high powered long range marksman 
rifle that exhibits definitive killing capabilities but it has become near 
impossible to "legally" obtain DEMIL'ed radio equipment without export 
license approval - that in real terms has no potential of becoming a national 
security risk other than being dropped from the tenth floor of a building 
onto someone's head. Because of the limited supply, competition on the 
international market is by far more fearce than that seen within the USA and 
Hence, prices achieved within the USA may be comparably lower than for 
equipment sold outside the USA.

Just my 2 cents worth of commentary...

73, Berndt
VK5ABN

On Sun, 5 Jul 2009 18:45:01 Michael O'Beirne wrote:
> Hi guys
>
> In response to Walter's comments (below),
>
> >> Wow, I never thought I'd see a Ten Tex RX-340 go unsold on eBay with a
> >> starting bid of $2000.  Absolutely no interest, and the vendor has a
> >> 100% rating.  Are things that bad south of the 49th?
>
> I am sure the answer is a loud "yes".
>
> Here in England with land property deals running at 20% of the figure a
> couple of years back, and the corporate mergers and acquisitions market
> nearly dead, a lot of professionals are feeling the economic crunch badly.
>
> Numerous real estate agents and property lawyers have gone out of business.
>
> A few months back one of the largest and best known firms of international
> corporate lawyers in the City, Linklaters, made 79 partners redundant.  Not
> assistant solicitors or tea ladies but partners.
>
> Then there are the numerous victims of a certain gentleman who is facing
> 150 years in jail, not to mention house repossessions shooting up and
> unhelpful bank lending.
>
> If you have loads of cash and can afford to wait for a good investment
> return, now is the time to be buying up.  But where is the cash?
>
>
> 73s
> Michael
> G8MOB
>
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