quote:

Originally posted by Beretta682E:
No handguns in a product line is a risky venture.

Hunting rifles are dead and ar are commoditized.

Mike

quote:

Originally posted by Lamar:
could care less about Remington.

it's all the other companies they acquired I do care about.
life will get some more expensive when sierra and Barnes etc. are not available anymore.

quote:

Originally posted by Lamar:
hard to miss you could see it from the freeway.

quote:

Originally posted by Beretta682E:
No handguns in a product line is a risky venture.

Hunting rifles are dead and ar are commoditized.

Mike

quote:

Barnes? How did Barnes get involved with Remington, did someone get lost between SLC and Las Vegas and find their building?

quote:

Originally posted by AnotherAZWriter:

quote:

Originally posted by Beretta682E:
No handguns in a product line is a risky venture.

Hunting rifles are dead and ar are commoditized.

Mike

Actually Mike, the WSJ mentioned the move was in response to Sandy Hook lawsuits. Reminds me of a time I sat next to an attorney who told me had won a huge lawsuit against Dow Corning; his cut of it was going to make his very wealthy.

"Wait," I said, "I think I know how this ends...didn't they declare BK?" He said they did indeed.

ABB had a big asbestos lawsuit pending against them and said to the plaintiff's attorneys they could take "X" or ABB would declare BK. They took "X."

quote:

Originally posted by Grubbs:

quote:

Originally posted by Beretta682E:
No handguns in a product line is a risky venture.

Hunting rifles are dead and ar are commoditized.

Mike

You know your rifles that's for sure......how's that long range Blaser project coming along by the way?

quote:

Originally posted by Beretta682E:

quote:

Originally posted by AnotherAZWriter:

quote:

Originally posted by Beretta682E:
No handguns in a product line is a risky venture.

Hunting rifles are dead and ar are commoditized.

Mike

Actually Mike, the WSJ mentioned the move was in response to Sandy Hook lawsuits. Reminds me of a time I sat next to an attorney who told me had won a huge lawsuit against Dow Corning; his cut of it was going to make his very wealthy.

"Wait," I said, "I think I know how this ends...didn't they declare BK?" He said they did indeed.

ABB had a big asbestos lawsuit pending against them and said to the plaintiff's attorneys they could take "X" or ABB would declare BK. They took "X."

Someone I knew did the initial roll up at Cerberus.

They needed a handgun to fill their product line. They were looking For one when sandy hook happened.

After sandy hook the lp investors did not want a firearms company in the fund. So they transferred the company to gp.

In time go filed ch 11 and debt holders owned it.

The sandy hook litigation continues but the product line has sucked forever and the new owners were former debt holders.

Cerberus took out its initial capital and more in dividends and management fees.

Just a failed roll up but no one at Cerberus lost capital (did lose opportunity as it was marked at billion plus in 2012)

Mike

quote:

Originally posted by AnotherAZWriter:

quote:

Originally posted by Beretta682E:

quote:

Originally posted by AnotherAZWriter:

quote:

Originally posted by Beretta682E:
No handguns in a product line is a risky venture.

Hunting rifles are dead and ar are commoditized.

Mike

Actually Mike, the WSJ mentioned the move was in response to Sandy Hook lawsuits. Reminds me of a time I sat next to an attorney who told me had won a huge lawsuit against Dow Corning; his cut of it was going to make his very wealthy.

"Wait," I said, "I think I know how this ends...didn't they declare BK?" He said they did indeed.

ABB had a big asbestos lawsuit pending against them and said to the plaintiff's attorneys they could take "X" or ABB would declare BK. They took "X."

Someone I knew did the initial roll up at Cerberus.

They needed a handgun to fill their product line. They were looking For one when sandy hook happened.

After sandy hook the lp investors did not want a firearms company in the fund. So they transferred the company to gp.

In time go filed ch 11 and debt holders owned it.

The sandy hook litigation continues but the product line has sucked forever and the new owners were former debt holders.

Cerberus took out its initial capital and more in dividends and management fees.

Just a failed roll up but no one at Cerberus lost capital (did lose opportunity as it was marked at billion plus in 2012)

Mike

Cerebus also owned NewPage Corp and declared BK. Cost me a few pennies.

quote:

Originally posted by Grubbs:
Congrats.....a $500 Tikka will do that. What do your groups look like at 500?

quote:

Originally posted by Grubbs:
I don't care how a guy spends his money. I was asking a serious question.......How are your groups at 300 and/or 500?

quote:

Originally posted by TCLouis:
So when are car and alcohol producers going to become part of the liability money pit that lawyers can sue for individual peoples irresponsible actions?
Jus sayin . . .