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July 12, 1987

COMPUTER USERS EXCHANGE FOR IBM USERS IS LAUNCHED IN THE UK

By CBR Staff Writer

IBM computer users have a new second hand hardware market at their disposal in the form of the Computer Users Exchange. It’s a members-only organisation for the aquisition and disposal of IBM and plug-compatible kit directly between members. Member’s requirements are held on a database that also lists prevailing market prices of second-hand hardware from System 38s to 308Xs. When the members’ requirements are matched up, the Exchange advises them of the availability and market prices of the hardware. Once a price has been agreed, the Exchange seals the deal by administering all the contractual and financial arrangements. There is a transaction fee charged to the vendors of the equipment which represents a percentage of the purchase price. Transport, warehousing and installation can be arranged at cost price. The membership fee is UKP350 a year and members get a bulletin with details of all equipment on offer, prices and trends. The Computer Users’ Exchange has a hot-line centre at its headquarters in Surbiton, Surrey and it already has a membership of 100 which it expects will grow to 250 in six months and 750 by next year. Our sister paper for IBM users, the weekly International Businessgram is also available on-line on the CUE system to members on request at UKP150 on-line, or UKP250 and 25 pence a minute for the hard copy version coupled with the on-line service.

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