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Q. And this was your view in 1982 I take it?
A. Right.
Mr. Atkins' opinion regarding the "economic life" of the
IBM 4341 is as follows:
Q. In 1982, did you have an opinion of the
economic life of the IBM 4341?
A. The 4341 is more easily replaced and, I felt
confident that at that time, at least
through the life of the lease, it was, it
would be a valuable product.
Mr. Atkins provided no testimony regarding the useful life
of the peripheral equipment manufactured by Control Data
Corp. Mr. Atkins acknowledged that he did no research in
arriving at his opinion regarding the "economic life" of
the IBM 3081 and the IBM 4341 but based his opinion on his
years of experience.
Furthermore, the testimony of Messrs. Atkins and Biggs
regarding the "economic life" of the equipment does not
corroborate petitioner's testimony that the "useful life"
of the IBM 3081 would range from 10 to 15 years.
Petitioner testified as follows:
Q. What part, or what did you consider the
economical life of the equipment that you
were acquiring or going to acquire to play
in the decision to invest?
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