/LMAR=0/XLINE=3/FONT#0=BASL30/FONT#1=BASI30/FONT#2=BASB30/FONT#5=MICR25/FONT#6=NGB30
␈↓ ↓H␈↓¬␈↓ α≡OFFICE MEMORANDUM  *  STANFORD UNIVERSITY  *  OFFICE MEMORANDUM

␈↓ ↓H␈↓ε␈↓ β=STANFORD LOW OVERHEAD TIME-SHARING SYSTEM

␈↓ ↓H␈↓α␈↓ ¬bAugust 20, 1976




␈↓ ↓H␈↓αTo:␈↓ αH␈↓Mr. Edward Shaw

␈↓ ↓H␈↓␈↓αFrom:␈↓ αH␈↓John McCarthy

␈↓ ↓H␈↓αSubject:␈↓ αH␈↓Decision on LOTS Location

␈↓ ↓H␈↓        I␈α∂just␈α⊂learned␈α∂from␈α∂David␈α⊂Roode,␈α∂who␈α∂learned␈α⊂it␈α∂from␈α∂Ralph␈α⊂Gorin,␈α∂that␈α⊂Bob␈α∂Esparza
␈↓ ↓H␈↓estimated␈α∞three␈α∞months␈α∞to␈α∞refurbish␈α∞Cedar.␈α
 Since␈α∞the␈α∞computer␈α∞is␈α∞scheduled␈α∞for␈α∞19␈α
November,
␈↓ ↓H␈↓and␈αDEC␈αis␈αoften␈αearly,␈αthere␈αis␈αnot␈α
much␈αtime,␈αespecially␈αin␈αview␈αof␈αa␈αpossible␈αstrike.␈α
 Therefore,
␈↓ ↓H␈↓a␈α⊃prompt␈α⊂decision␈α⊃on␈α⊃location␈α⊂is␈α⊃needed␈α⊂unless␈α⊃you␈α⊃can␈α⊂persuade␈α⊃Esparza␈α⊂to␈α⊃revise␈α⊃his␈α⊂time
␈↓ ↓H␈↓estimate.␈α I␈αwill␈αbe␈αgone␈αfor␈αtwo␈αweeks,␈αbut␈αRoode␈αis␈αavailable,␈αand␈αRalph␈αwill␈αbe␈αback␈αfor␈αa␈αfew
␈↓ ↓H␈↓days next week.

␈↓ ↓H␈↓        I␈α
left␈αyou␈α
the␈αpurchase␈α
requisition␈α
for␈αthe␈α
ADM-3␈αterminal␈α
kits␈α
on␈αMonday,␈α
and␈αBill␈α
Yundt
␈↓ ↓H␈↓of␈αSCIP␈αtells␈αme␈αthat␈αpurchasing␈αstill␈αdoesn't␈αhave␈αit.␈α SCIP␈αis␈αin␈αa␈αhurry,␈αand␈αmaybe␈αwe␈αare␈αtoo.
␈↓ ↓H␈↓It␈α∞occurs␈α∂to␈α∞me␈α∂that␈α∞you␈α∂may␈α∞need␈α∂a␈α∞bit␈α∂more␈α∞documentation␈α∂of␈α∞our␈α∂intentions␈α∞with␈α∂regard␈α∞to
␈↓ ↓H␈↓amortizing the terminals:

␈↓ ↓H␈↓        I␈αactually␈αintend␈αto␈αamortize␈αthem␈αto␈αone-third␈αof␈αtheir␈αvalue␈αin␈αtwo␈αyears␈αand␈αsell␈αthem␈αto
␈↓ ↓H␈↓students,␈αetc.␈αat␈α
the␈αreduced␈αprice.␈α If,␈α
for␈αthe␈αpurpose␈αof␈α
borrowing␈αfrom␈αthe␈α
Academic␈αReserve,
␈↓ ↓H␈↓we␈αneed␈αa␈αplan␈αthat␈αdoesn't␈αpresume␈αselling␈αthem,␈αwe␈αcould␈αamortize␈αthem␈αto␈αzero␈αin␈αthree␈αyears.
␈↓ ↓H␈↓This␈αis␈αalso␈αan␈αoperationally␈αreasonable␈αsolution.␈α In␈αmaking␈αthe␈αLOTS␈αbudget,␈αI␈αforgot␈αsales␈αtax
␈↓ ↓H␈↓on␈α∞the␈α∞terminals,␈α∞so␈α∞the␈α
actual␈α∞amortization␈α∞per␈α∞year␈α∞is␈α
$14,135␈α∞not␈α∞counting␈α∞interest␈α∞instead␈α
of
␈↓ ↓H␈↓$13,334.  The di≥erence is to be extracted from the operating expense budget.


␈↓ ↓H␈↓Sincerely,



␈↓ ↓H␈↓John McCarthy