RE: [802SEC] 802 Plenary registration fees
Bill, Buzz, et al,
I second Carl's opinion.
Mat
Matthew Sherman
Vice Chair, IEEE 802
Technology Consultant
Communications Technology Research
AT&T Labs - Shannon Laboratory
Room B255, Building 103
180 Park Avenue
P.O. Box 971
Florham Park, NJ 07932-0971
Phone: +1 (973) 236-6925
Fax: +1 (973) 360-5877
EMAIL: mjsherman@att.com
-----Original Message-----
From: Stevenson, Carl R (Carl) [mailto:carlstevenson@agere.com]
Sent: Tuesday, October 08, 2002 8:13 PM
To: 'Bill Quackenbush'; Rigsbee, Everett O
Cc: IEEE 802 SEC
Subject: RE: [802SEC] 802 Plenary registration fees
Bill, Buzz, et al,
In my view, better safe than sorry ... I would be
inclined to support Buzz's view that it would be
better to jump to $300/$350 and back off later if
we determine that's feasible.
I would also observe that .11/.15/.18/.19 interims
have been, to my recollection, running $300/$350
(and occasionally a bit more, depending on venue,
if my memory serves me correctly) ... thus, going
to $300/$350 for plenaries doesn't seem out of line
to me.
I think the last thing we should do is risk financial
insolvency.
Carl
> -----Original Message-----
> From: Bill Quackenbush [mailto:billq@attglobal.net]
> Sent: Tuesday, October 08, 2002 7:49 PM
> To: Rigsbee, Everett O
> Cc: IEEE 802 SEC
> Subject: Re: [802SEC] 802 Plenary registration fees
>
>
>
> Buzz,
>
> We currently have an adequate reserve to cover the primary
> meeting hotel
> cancellation penalties, but we will be losing on average ~$20k per
> meeting in 2003 if we continue the $250/$300 registration fee
> structure.
>
> How much additional reserve we need to cover the worst case secondary
> hotel cancellation penalties is yet to be determined. That in my mind
> will determine whether the increase should be to $275/$325 or
> $300/$350.
>
> That said, other opinions are welcome and invited.
>
> Thanks,
>
> wlq
>
> "Rigsbee, Everett O" wrote:
> >
> > Bill, I suggest we just go for the $300/$350 to ensure we
> get to the safe
> > level soon, and then if we are seeing an ongoing revenue
> surplus at that
> > point we can back it off to match our actual run rate. We
> have not raised
> > the meeting fees in over 4 years, and our fees are low
> relative to other
> > groups such as IETF.
> >
> > Thanx, Buzz
> > Dr. Everett O. (Buzz) Rigsbee
> > Boeing - SSG
> > PO Box 3707, M/S: 7M-FM
> > Seattle, WA 98324-2207
> > (425) 865-2443 Fx: (425) 865-6721
> > everett.o.rigsbee@boeing.com
> >
> > -----Original Message-----
> > From: Bill Quackenbush [mailto:billq@attglobal.net]
> > Sent: Tuesday, October 08, 2002 4:17 PM
> > To: IEEE 802 SEC
> > Subject: [802SEC] 802 Plenary registration fees
> >
> > Members of the SEC,
> >
> > As I indicated in the Treasurer's report at the closing SEC
> meeting in
> > July, we need to increase the Plenary meeting registration
> fees in order
> > to maintain a reserve adequate to cover the worst case meeting
> > cancellation penalties. This criteria requires that 802 maintain a
> > reserve of at least $125k to cover the worst case primary
> hotel contract
> > cancellation penalty. To achieve this, the Plenary meeting
> fee must be
> > raised to at least $275/$325 beginning with the March, 2003 Plenary
> > meeting. I have not yet reviewed the secondary hotel contracts.
> > Depending on the penalties in these contracts, the increase
> may need to
> > be greater.
> >
> > The budget through 2003 assuming $275/$325 registration
> fees is attached.
> >
> > While it appears that the Treasurer does not need approval
> to set the
> > Plenary meeting fees (Section 2 of the LMSC Operating
> Rules), I request
> > your support for an increase in the Plenary registration
> fee of at least
> > $25, but no more than $50 beginning with the March, 2003
> Plenary meeting.
> >
> > Thanks,
> >
> > wlq
>