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| Tags: bookequipment, chesscafe, running, sales, uscf |
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#1
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Hi,
I don't quite understand why the USCF is giving up on selling equipment and giving the service to another company. In 1998, I had looked at a budget financial report saying that the USCF earned over 2 million dollars in revenues from sales. Not quite sure why it is letting another organization take it. well thanks for any info you can give. |
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#2
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#3
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#4
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Because, according to the sages of New Windsor, they are paying HUNDREDS OF
THOUSANDS OF DOLLARS for the privilege! Guaranteed! We are all waiting for the check... "Doctor Who" wrote in message m... Hi, I don't quite understand why the USCF is giving up on selling equipment and giving the service to another company. In 1998, I had looked at a budget financial report saying that the USCF earned over 2 million dollars in revenues from sales. Not quite sure why it is letting another organization take it. well thanks for any info you can give. |
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#6
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"Doctor Who" wrote in message m... In 1998, I had looked at a budget financial report saying that the USCF earned over 2 million dollars in revenues from sales. Earning revenue is one thing, retaining the earnings is quite another. StanB |
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#7
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"Sam Sloan" wrote in message ... What happened is that the USCF refused to agree to sell Tim Hanke's Chess Trivia Game on a drop ship basis. In retaliation, Tim Hanke ran for election, as a way to force the USCF to sell his game. After being elected, Tim Hanke at first expressed satisfaction with the USCF B&E operation, but when the USCF still would not agree to publish and sell Tim's game, Tim got himself elected VP of Finance and started looking for someone else who would be willing to sell his game. Malcolm Pein in England came forward and Tim Hanke decided to give away the entire USCF B&E operation to Pein in return for which Pein would consider publishing Hanke's game. Then Goichberg got himself appointed Executive Director and before the B&E operation could be handed over to Pein, Goichberg said that he could make a better deal. He got Chess Cafe to agree to a better deal with some financial guarantees which Pein was unwilling to offer and that is how Chess Cafe got the deal. Meanwhiule, Hanke has been sulking and the fate of his Chess Trivia game is unknown, at least to us. A newsgroup first. Sam writes a parody. StanB |
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#8
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Something doesn't add up..
If the USCF was losing money doing B&E, how can Chess Cafe afford to handle the same sales, pay the USCF 15% of the gross, forgo tournament concessions, pay for advertisements in Chess Life and still make money? I am sure that many will scream about how it is because the USCF is inept. But we're talking about a 20%+ swing here. Costs like Personnel and Merchandise are fixed and roughly the same between the two companies and probably comprise 75% of the costs. There has to be something more to explain this. Because it really doesn't add up. It will be interesting to see what happens. |
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#9
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Tim,
You forgot to mention the trip to Iraq to capture Saddam in between! -- Everything you need to know about women. FREE! http://www.cybersheet.com/library.html The Seduction Library |
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#10
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Well there is the matter of access to the USCF member list.
-- Everything you need to know about women. FREE! http://www.cybersheet.com/library.html The Seduction Library http://www.cybersheet.com/hotties.html Why Hotties Choose Losers "Roger" wrote in message m... Something doesn't add up.. If the USCF was losing money doing B&E, how can Chess Cafe afford to handle the same sales, pay the USCF 15% of the gross, forgo tournament concessions, pay for advertisements in Chess Life and still make money? I am sure that many will scream about how it is because the USCF is inept. But we're talking about a 20%+ swing here. Costs like Personnel and Merchandise are fixed and roughly the same between the two companies and probably comprise 75% of the costs. There has to be something more to explain this. Because it really doesn't add up. It will be interesting to see what happens. |
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