Re: IBM obsoleting mainframe hardware
- From: dba@xxxxxxxxxxxx (David Andrews)
- Date: 28 Jun 2007 10:53:55 -0700
On Thu, 2007-06-28 at 11:37 -0500, Rick Fochtman wrote:
-------------------<snip>-----------------------
How many people have actually ever kept a mainframe for ten years, even
with upgrades?
-------------------<unsnip>---------------------
LOOOOONG ago, a Chicago firm bought 3033 CPU's on a ten-year lease. The
resulting shake-up in senior management left scars that are still
visible today. The "volcano" erupted two years into the lease and is
still smouldering to this day.
In the late '70s Lloyd's was hammered on a bunch of policies that had
been written on Itel leases (eight year terms weren't uncommon). Many
leases were cancelled when the cheap 43xx machines came out.
--
David Andrews
A. Duda and Sons, Inc.
david.andrews@xxxxxxxx
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