Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

Holiday weekend sales may not be as good as they look on the surface. Especially electronics. Friday I bought a cheap computer at Best Buy. I also bought a flat panel monitor to go with it and another for myself. I wanted something cheap as all it is going to be is an internet device at my business. I also bought some Writeable CD's and a DVD player as a gift. I spent about $1140.

Here's the kicker. On those four items I have $429 dollars in rebates coming to me or about 38% of the purchase. I'm sure the company shows the full sale in the daily totals but, what happens when all the rebates are paid out. I assume that the manufactures are picking up part of that but all the rebate request were sent to Best Buy. There was not one manufacture rebate. At the prices I paid I can't imagine the vendor taking the full hit on these. Seems to me that I saw more rebate type sales this year than I have in year's past. Also the rebates are very substantial sums giving motivation for them to be sent in. I know most the people that stood in line with me had mostly rebatable items as well.

Just a thought. Joe