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Price Gouging on Intel X-M G2 SSD's at Launch

Last post 09-04-2009, 6:54 PM by CheapAsianGamerGuy. 21 replies.
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  •  09-01-2009, 5:30 PM 565110

    Price Gouging on Intel X-M G2 SSD's at Launch

    The Intel Mainstream SSD's are being grossly overpriced,

    Intel X25-M SSDSA2MH080G1 MLC 80 GB Internal Solid state disk (SSD) - OEM
     

    Have been inflated $120.00 overnight

    MSRP = $235.00

     

     

     
     
     
    New G2 SSD 80 GB
     
     
    Item#:N82E168201670026
     
    Intel X25-M SSDSA2MH080G2 MLC  80 GB Internal Solid state disk (SSD) - OEM
     
    Is being Price Gouged Beyond TWO Times its MSRP $ 245.00
     
     
     
     
    This form of Launch Price Gouging is eroding my faith in New Egg as a Customer,
     
    The Many Look at this kind of Behavior, as That maybe it is time to find another vendor.....
     
    I know this for Certain, I have all the Screen shots that I need to go the California Attorney General, and file a complaint with merit.
     
    I am an Intel Partner, so I have the MSRP info straight from the horses mouth, the same Way that I had Core I7 Pricing nailed.. 3 mos. before launch.
     
    This needs to stop here,
     
    Or I will file  the complaint that will make it Stop..
     
    Please explain why this has transpired so that we as Customers can make an informed decision about this issue..
     
    Thank You !!
     
    Mr Fox Loyal Customer Since Y2k
     

  •  09-01-2009, 6:56 PM 565140 in reply to 565110

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    Capitalism at work.

    Sites that show MSRP seem to be backordered/out of stock.

    So, to wit:

    Sites get stock.

    Sites sell out of stock at MSRP.

    Newegg, still retaining stock, ups price for item as much as the market (buying public) will bear for what is now a COMMODITY ITEM.

    I think I see similiar (even higher) pricing from sites that still have the item in stock.

    Hmm, didn't I learn this in high school economics 101?

    Your complaints notwithstanding, I don't think you'll accomplish much. but go ahead man, ADVERTISE YOUR INDIGNANCE at the situation, I wanna see what you get out of it.

    I *LOVE* your threats, man. Go ahead, SEND IT! SEEEENNND YOUR COMPLAINTS!

    (Lets see, I remember similiar but temporary pricing changes when Core2 was released, and 8800 GT, and 4800 series GPU's... and AMD Black Edition CPU's... And WD Raptors...)

    Wow, some people really don't like reality. That bites. So Sorry. (plays world's tiniest violin)

    For the record: THERE IS NO LAW against charging over MSRP, it's a SUGGESTED retail price for a reason.

    IF YOU DON'T LIKE THE PRICE, DON'T BUY IT AT THAT PRICE.

    On the other hand: Pricing like this never lasts beyond the "hype" period of a new product's release. So if you chill the hell out, and wait patiently like a good little supposedly-experienced-customer, the prices come down to "sane" levels soon enough.

    The Iron Law Of Tech Toys: The longer you wait, the more money you save up, while the cheaper the stuff gets (as new stuff is released).

    But I guess the economy is so bad that those who MUST have their tech toys WANT IT NOW FOR CHEAPER DANGIT!

    Silly whiners... capitalism is for adults, not kids.


    RAWR!
  •  09-01-2009, 7:02 PM 565141 in reply to 565140

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    i just started economics... my teacher already has taught us the supply-and-demand deal as-well-as the shortage and scarcity thing.. google is there.

  •  09-01-2009, 7:19 PM 565150 in reply to 565141

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    Official definition of Price Gouging, which MrFox is threatening to report Newegg for:

    http://en.wikipedia.org/wiki/Price_gouging

    I had absolutely NO IDEA that Intel G2 SSD's are

    1) An ESSENTIAL good or service (like water, gasoline, food, etc...)

    2) That we are in a time of CIVIL EMERGENCY where possession and usage of a Intel G2 SSD was ESSENTIAL to the preservation of public order.

    So when can I call MrFox out on these issues and tell him to take his head out of his rear end? Oh man, I'm about to cross some abusive language limits I'm sure, but maybe its because MrFox made some SERIOUS THREATS against Newegg (lets report them to the California Attorney General!!!!) that to me are beyond outrageous and borderline slanderous. Come on man, these are high end electronic luxury items.

    You gonna go off on a TIRADE over Bose Lifestyle systems being $5k? Oh MAN! Next Generation Priuses are $35k! OH NOES! Darn those $5k Season Tickets to see the local sports franchise! PRICE GOUGING!!!

    (I am laughing hysterically inside)

    -CAGG


    RAWR!
  •  09-01-2009, 7:19 PM 565152 in reply to 565110

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    sorry bro but newegg can charge what ever they want
  •  09-01-2009, 7:24 PM 565153 in reply to 565150

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    i believe that mr fox is slandering neweggs good name which could possible and probably has hurt neweggs sales. seems like newegg has a lawsuit against mr fox
  •  09-01-2009, 7:26 PM 565156 in reply to 565153

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    I don't think Newegg's that mean, at least not as mean as *I* am that's for sure :D

    RAWR!
  •  09-01-2009, 7:26 PM 565157 in reply to 565140

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    CheapAsianGamerGuy:

    Capitalism at work.

    Sites that show MSRP seem to be backordered/out of stock.

    So, to wit:

    Sites get stock.

    Sites sell out of stock at MSRP.

    Newegg, still retaining stock, ups price for item as much as the market (buying public) will bear for what is now a COMMODITY ITEM.

    I think I see similiar (even higher) pricing from sites that still have the item in stock.

    Hmm, didn't I learn this in high school economics 101?

    Your complaints notwithstanding, I don't think you'll accomplish much. but go ahead man, ADVERTISE YOUR INDIGNANCE at the situation, I wanna see what you get out of it.

    I *LOVE* your threats, man. Go ahead, SEND IT! SEEEENNND YOUR COMPLAINTS!

    (Lets see, I remember similiar but temporary pricing changes when Core2 was released, and 8800 GT, and 4800 series GPU's... and AMD Black Edition CPU's... And WD Raptors...)

    Wow, some people really don't like reality. That bites. So Sorry. (plays world's tiniest violin)

    For the record: THERE IS NO LAW against charging over MSRP, it's a SUGGESTED retail price for a reason.

    IF YOU DON'T LIKE THE PRICE, DON'T BUY IT AT THAT PRICE.

    On the other hand: Pricing like this never lasts beyond the "hype" period of a new product's release. So if you chill the hell out, and wait patiently like a good little supposedly-experienced-customer, the prices come down to "sane" levels soon enough.

    The Iron Law Of Tech Toys: The longer you wait, the more money you save up, while the cheaper the stuff gets (as new stuff is released).

    But I guess the economy is so bad that those who MUST have their tech toys WANT IT NOW FOR CHEAPER DANGIT!

    Silly whiners... capitalism is for adults, not kids.

     

     You are entitled to your own opinion ..

     That is fine.. What is relevant is California Law, we will let Ed Brown sort it out...

     Just giving NewEgg a Chance to respond before the complaint goes in...


    In the meanwhile we can spar as usual... some things never change...

  •  09-01-2009, 7:37 PM 565162 in reply to 565150

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    CheapAsianGamerGuy:

    (I am laughing hysterically inside)

    -CAGG

     

    I'm not surprised :D Me too!

  •  09-01-2009, 7:39 PM 565165 in reply to 565157

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    See my last response regarding legality of price gouging.

    Enjoy your long, inevitably pointless wait for a response from a state agency that already has enough on their plate with existing fraud, and funding cutbacks, to deal with your near-pointless complaints.


    RAWR!
  •  09-01-2009, 7:39 PM 565166 in reply to 565157

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    As usual MrFox goes for the dramatic and makes a mountain out of a mole hill.

    As was stated this is supply and demand in the works. I watched the price of the E8400 cpus go up 50-70 dollars over a few week period and then they settled down at a 220 price point and I bought.

    People are going to wait out the rise and fall of the product.

     


  •  09-01-2009, 7:40 PM 565167 in reply to 565157

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    Your claim and complaint of price gouging is unfounded, pure and simple. Feel free to file it and watch it get dismissed just as quick, all you will have done is wasted your time. If you don't like the price, don't buy the item. It truly is that simple. NewEgg is a company that can charge whatever they like, and they are.

     Personally, I doubt it will be taken any further than this forum. But I'm not one to antagonize, at least not un-purpose.

  •  09-03-2009, 7:47 PM 565735 in reply to 565140

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    Newegg's Response: Drop Price to $350 and offer a refund of the difference to anyone who already purchased one.


    RAWR!
  •  09-04-2009, 10:42 AM 565902 in reply to 565735

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    Defamation and slandering without reasonable cause and no justification...Except whatever bias or anecdotal evidence you have in whatever utopia of MSRP pricing you have in your happy place.

    I LOL'ed.

    Basic economics, nothing unusual about the price of the SSD's, and MSRP's don't mean anything in this day and age.

    MSRP= Manufacturer's suggested retail price.

    You are basing your whole argument off of something that is specifically stated to be "suggested"!

    Anyone can get MSRP from Intel 3-6 months before the release of the product, it's known as google. But since MSRP doesn't mean anything, that's pointless to note anyways. I had MSRP of the SSD from Intel around 5 months before they were released. It's easy to acquire their press statements or future plans, who cares anyways since MSRP doesn't mean anything. MSRP from Intel is a standard product key based pricing system, anyone can guess what and how much their products are, but that doesn't even come close to representing real world market demand or production yields.

    Problem solved. You're entitled to your own opinion, but you can't just simply come onto their own forums spouting senseless spam.

    This is honestly a worthless, unnecessary thread made by someone who claims utter BS. You could technically receive a lawsuit from Newegg if you want to file a complaint or go to California's Attorney General, last I checked when reading up on defamation and public slandering.

    No more responses to this thread, it's hopeless, because honestly, I'm surprised you haven't realized how embarrassing this should be to yourself that you don't understand even the basic economics you should've taken in high school. I don't get why you haven't asked for this thread to be deleted yet.

    I apologize for my response, but your post blatantly shows the issues with your very own argument, and that is that you completely lack any basis for this "complaint".

    Respectfully,

    PROACEX1




    By Anonymous, 1929: "See the happy Moron. He doesn't give a d***. I wish I were a Moron-My word! Perhaps I am..."
    By Mazer Rackham: "Early to bed and early to rise," Mazer Intoned, "makes a man stupid and blind in the eyes."
  •  09-04-2009, 11:59 AM 565927 in reply to 565902

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    Just like anybody else, you should be free to say as a customer how this type of practices may affect the image of NewEgg to their costomers. But ya blew it up to hint a threat as if NewEgg's doing something illegal, that was not cool, caz quite honestly, I was enjoying the beginning part of your post. I thought that these pricing facts were interesting, and I felt like I was learning something from your post. But by the end of your post, I got the impression that you were simply p****d that you couldn't get those drives at the sugested prices and there was nothing more to your post. Too bad, keep it rational, man, or just admit that you are frustrated if you are instead of threatening NewEgg, caz that'll help with your credibility.   


    Core 2 Quad Q6600 2.4GHz, CORSAIR DOMINATOR 4GB (2 x 2GB) DDR2 1066 (PC2 8500), SAPPHIRE Radeon HD 4850, GIGABYTE GA-EP45-UD3P ATX, PC Power & Cooling S61EPS 610W, Western Digital Caviar Black 1TB HDDs, LG 22X SATA DVD Burner with LightScrib, Winodows 7 Professional x64, Antec 900 Case
  •  09-04-2009, 1:13 PM 565961 in reply to 565735

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    CheapAsianGamerGuy:

    Newegg's Response: Drop Price to $350 and offer a refund of the difference to anyone who already purchased one.

     

    Looks to me that there must have been some substance to my Complaints, otherwise they (NewEgg) would have stayed with the pricing structure that I outlined in the screen shots... and this post would still be locked...

     

     

     

  •  09-04-2009, 1:44 PM 565986 in reply to 565902

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    PROACEX1:

    Defamation and slandering without reasonable cause and no justification...Except whatever bias or anecdotal evidence you have in whatever utopia of MSRP pricing you have in your happy place.

    I LOL'ed.

    Basic economics, nothing unusual about the price of the SSD's, and MSRP's don't mean anything in this day and age.

    MSRP= Manufacturer's suggested retail price.

    You are basing your whole argument off of something that is specifically stated to be "suggested"!

    Anyone can get MSRP from Intel 3-6 months before the release of the product, it's known as google. But since MSRP doesn't mean anything, that's pointless to note anyways. I had MSRP of the SSD from Intel around 5 months before they were released. It's easy to acquire their press statements or future plans, who cares anyways since MSRP doesn't mean anything. MSRP from Intel is a standard product key based pricing system, anyone can guess what and how much their products are, but that doesn't even come close to representing real world market demand or production yields.

    Problem solved. You're entitled to your own opinion, but you can't just simply come onto their own forums spouting senseless spam.

    This is honestly a worthless, unnecessary thread made by someone who claims utter BS. You could technically receive a lawsuit from Newegg if you want to file a complaint or go to California's Attorney General, last I checked when reading up on defamation and public slandering.

    No more responses to this thread, it's hopeless, because honestly, I'm surprised you haven't realized how embarrassing this should be to yourself that you don't understand even the basic economics you should've taken in high school. I don't get why you haven't asked for this thread to be deleted yet.

    I apologize for my response, but your post blatantly shows the issues with your very own argument, and that is that you completely lack any basis for this "complaint".

    Respectfully,

    PROACEX1

     

    There was no defamation, or slander everything was factually stated ... I'm sorry if you don't like the facts.. but they are what they are...

    Looks to me that there must have been some substance to my Complaints, otherwise they (NewEgg) would have stayed with the pricing structure that I outlined in the screen shots... and this post would still be locked...

    Sorry to be blunt, but mistakes are made.

    First of all. Everything I said in my post is true, you have no basis for any of your accusations (I'll prove this later one), none of those are considered facts relative to your accusations at hand (also proven later on), MSRP does not "prove" nor provide a given pricing structure required to be used by any reseller  in any way (proven in my previous post), and secondly, sorry to be blunt, your arguing something without apparently even having read my post, otherwise you would've known your accusations and so called "facts" do not even have any logical basis or reasoning. That honestly is just simply rude.

    Secondly, you're trying to argue with a mod (And CAGG and everyone else here) without having any intelligent or relevant points or information. Go back and look at those HDD's pricing. Both of them are at $350. Not anywhere close to the "Price Gouged Beyond TWO Times its MSRP $245.00", so what type of personal opinion are you trying to state, hmm?

    http://www.newegg.com/Product/ProductList.aspx?Submit=ENE&N=2010150636%2050001157%201421445225&name=80GB

    And before you say "Newegg reduced the price giaz!" It was already at $350 for both SSD's at the time of your FIRST POST. $350 is perfectly reasonable seeing as how nearly every other company is currently selling them for at least $295, and the immediate lack of units and production yields. So you don't even have any "facts" to back your personal opinions up, it only looks like your argument has any substance to you and you only. There is no reason why this thread should not be locked when you're spreading half-thought out opinions which can easily misconstrue or turn into a flame war of stupidity. You're just making a big deal out of something which is general business practice due to supply and demand.

    You should be happy to know, however, that Newegg is looking into this. Great job and wasting their precious time.

    Respectfully,

    PROACEX1

  •  09-04-2009, 2:16 PM 566001 in reply to 565986

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    The fact is, Newegg still did not lower the price to MSRP.

    IS THAT STILL PRICE GOUGING????


    RAWR!
  •  09-04-2009, 3:14 PM 566032 in reply to 566001

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    I have a big feeling your post didn't get looked at and the resultant price drop was due to some other economic indication.

    So don't get your ego all pumped up. 

    Its relatively common from what I have seen to see the prices of the hot ticket items to fluctuate by the hour.

    And again I state Mr Fox makes a mountain out of a mole hill.


  •  09-04-2009, 5:04 PM 566110 in reply to 565986

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    Would someone please lock this before we are all driven insane by this utter stupidity?

     

    Definitions of price gouging on the Web:

    • pricing above the market price when no alternative retailer is available
      wordnetweb.princeton.edu/perl/webwn

    • Price gouging is a pejorative term for a seller pricing much higher than is considered reasonable or fair. In precise, legal usage, it is the name of a felony that applies in some of the United States only during civil emergencies. ...
      en.wikipedia.org/wiki/Price_gouging

     


    Don't mind me, I am merely a figment of your overactive imagination, call me Paranoia ... a Shadow, Specter, Phantasm, Wraith, even a Shade ... the echo of all that is, all that was, and all there will ever be ... I am ... Ghost. - "Haunting the technological afterlife since 1666."
  •  09-04-2009, 5:34 PM 566123 in reply to 566110

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    Ghostcrafter:

    Would someone please lock this before we are all driven insane by this utter stupidity?

    Agreed


    Runs n Roses!! Pasadena bound baby!!
  •  09-04-2009, 6:54 PM 566137 in reply to 566123

    Re: Price Gouging on Intel X-M G2 SSD's at Launch

    Yes Newegg not wanting bad PR = MrFox must have been right, they did something ILLEGAL! </sarcasm>

     

    Thread locked.


    RAWR!
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