So Pedro walks up to me in the parking lot today at work to show me his lap top that he bought. It’s got Windows XP installed, 20GB hard drive, 2GHz celeron processor, and 128mb ram. Pedro asks me how much I think it’s worth, he wants to know if he got a good deal or not. I thought about it and decided a used laptop like that would go on ebay for around of $800.

Pedro starts laughing.

Turns out Pedro bought it from a guy in the back of a van for $75.