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Location: Phoenix AZ | Maybe I'm just being stupid, but isn't it possible that being bought out by a huge musical instrument company with major name brand recognition is a good thing? Maybe increases the R&D funds available, improves advertising, more artist endorsements, lowers cost of raw materials, improves product quality, better benefits and salary for the employees? Maybe this is BETTER job security than being an odd fitting minority piece in a helicopter company? Does nobody ever think of the upside? Sure, nobody likes change. I know that it's all speculation and there's not a damn thing we can do about it, but it just surprises me that everyone immediately assumes the worst case scenario. |
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Posts: 14842
Location: NJ | Dave is absoLUTEly right!!!
He IS being stupid. |
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Posts: 14842
Location: NJ | But seriously Dave, I tend to agree with you.
The company that I work for is owned by a parent Corporation that owns six or seven other companies.
Said companies are ALL inter-related in the SAME industry.
One of our biggest competitors used to be owned by Dial Soap (still might be, I dunno). It got to the point that the parent Corporation didn't give a SH!T about our particular industry, . . . only the Bottom Line of the Annual Report to the Stockholders.
- one of the main factors as to WHY we took so much business away from them . . . |
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Posts: 5881
Location: Colorado Rocky Mountains | I tend to agree with you, Tupp, and I think I said so when the news first broke. |
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Posts: 4820
Location: Campbell River, British Columbia | But where's the entertainment value in that? Nothing but sweetness and light, joy and dancing.
Blech!
(that said, until someone has proof otherwise, it seems like a very good fit. Nobody kills equity. Nobody sane.) |
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Posts: 1180
Location: Vermont USA | Better Fender than Gibson!
Someone give me an Amen
Pauly |
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Posts: 5563
Location: Blue Ridge Mountains | 
"What, me worry?" |
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Posts: 5563
Location: Blue Ridge Mountains | 
What, me worry? |
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Posts: 9301
Location: south east Michigan | Tuppy's right.
Well said bro.
Look at the first posts on this subject and what you see expressed most is a heart felt concern for our friends at the Mothership. Guitars were coming in a distant second. |
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March 2005
Posts: 12750
Location: Boise, Idaho | Just visited the local mom and pop guitar store. They deal with Fender, but don't like Ovations. I was the first to tell them about the sale. Their response was that maybe now Fender will get their orders straight. They were pretty fed up with Fender.
Maybe KMC will solve the problem for Fender. Maybe not. |
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Posts: 9301
Location: south east Michigan | The quote from our local independent guy was.."As if they don't have enough problems already." |
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March 2002
Posts: 15654
Location: SoCal | Brad, you and I both pointed out (along with Temp) that there was definitely an upside to this. It just takes a while for Tupp to process all this. Then he thinks it's his idea. Cliff was right.
Tupp is being stupid...... |
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December 2001
Posts: 7211
Location: The Great Pacific Northwest | In general, I'm a glass half-full vs half-empty. There are a lot of potential plus's for the brands involved. However, my biggest concern is for the fine folks in New Hartford and Bloomfield, CT. (and any other presence owned by Kaman)
It just goes back to something I have said before and that is... in my entire life, having been involved with my share of buyouts and mergers, while the "resulting company/brand" may end up in a better place, and the owners may end up better off, I have never ever never seen where it worked out well in the long term for the folks of the company that was acquired.
As we are all dreaming and speculating... Maybe the first order of business that Fender will do when the dust clears is to sell off Hamer and Ovation guitars to some US firm that is willing to keep the traditions alive. Maybe with exclusive distribution rights to FMI. |
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Posts: 15654
Location: SoCal | Who knows? Maybe we should all pool our pennies and buy Ovation/Hamer and see if we could find some ex-gas jockey to run it..... |
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December 2001
Posts: 10581
Location: NJ | well I am usually the doom and gloom guy.
but I keep saying stop speculating and let it unfold and deal with it as it happens. that is all we can do. |
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January 2006
Posts: 5881
Location: Colorado Rocky Mountains | Originally posted by moody, p.i.:
Who knows? Maybe we should all pool our pennies and buy Ovation/Hamer and see if we could find some ex-gas jockey to run it..... This formula sure worked for Harley when a private group of investors bought the company from AMF back in the 80's. |
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Location: SoCal | Al, I just saw an opportunity to pick on Tupp. I agree with you. |
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Posts: 3111
Location: Nashville TN. | Originally posted by moody, p.i.:
Who knows? Maybe we should all pool our pennies and buy Ovation/Hamer and see if we could find some ex-gas jockey to run it..... Ironically I was going to buy a few shares of Kaman
right before this happen.
I had the same thought |
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April 2004
Posts: 234
Location: Phoenix, AZ | Originally posted by ProfessorBB:
Originally posted by moody, p.i.:
Who knows? Maybe we should all pool our pennies and buy Ovation/Hamer and see if we could find some ex-gas jockey to run it..... This formula sure worked for Harley when a private group of investors bought the company from AMF back in the 80's. |
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September 2005
Posts: 3618
Location: GATLINBURG TENNESSEE :) | but I keep saying stop speculating and let it unfold and deal with it as it happens. that is all we can do.
...
In the mean time I think it would be a good idea to buy up all of the USA made ovations that are left to be aquired! (: |
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December 2001
Posts: 7211
Location: The Great Pacific Northwest | Fender has a nice contest going...
But I'd prefer this...
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July 2005
Posts: 1609
Location: Colorado | Sheesh...I leave for a month or so - come back and the mothership is now part of another planet. |
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November 2005
Posts: 4820
Location: Campbell River, British Columbia | I was wondering who caused all this.
Now we know. |
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Kaman sold to Fender
