Any American taxpayers here who are willing to bail them out a-la AIG?![]()
They get their freakin' bailout after *I* get my bailout!
Which means NEVER...
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Any American taxpayers here who are willing to bail them out a-la AIG?![]()
From what I can tell Loud is pulling itself together. As far as I understand they have changed management at a high level. I have high hope for a future, and I do not see them needing a bailout![]()
Dude, how can you make that assessment? The ink's not even dry on the de-listing papers. If they're making a comeback, they have a pretty funny way of showing it.From what I can tell Loud is pulling itself together. As far as I understand they have changed management at a high level. I have high hope for a future, and I do not see them needing a bailout![]()
Perfect fit = Peavey. They should take them over. That would make perfect sense. Send the cheap low end crap to china, and all the good stuff have them make it in the Peavey factory, whatever is left of it.
Can anyone name ONE company in the MI industry that has ended up better off by sending their product lines off to Asia? Are there any success stories at all? Where do these guys get the idea that their company and it's image and products will remain any way near what it was before jumping ship?
Sorry, my brother. LOUD is guilty until proven innocent at this point. They've been pulling way too many stunts. But I will say that getting rid of that moronic bean counting ----head Jaime Engen was a good first move. But a company like Ampeg needs to be run by people who appreciate music and musicians, not soulless MBA's and lawyers who couldn't give a crap what they sell. The entire reason SLM was successful with Ampeg was because the people cared. It wasn't the best product in Ampeg's history, and they didn't always make the brightest decisions, but they cared and they tried hard, and musicians appreciated it. LOUD might as well be making plastic lawn chairs for as much as they care.I hear both sides of this too. Lotsa negatives in the financials, crapola communication to the guys that matter - THE BASS PUBLIC! - but I am seeing recent personnel moves and yes, additions to staff, that don't look like the ones a company would make when they are ready to shut down. Still working on the report...and awaiting specifics...
Sorry, my brother. LOUD is guilty until proven innocent at this point. They've been pulling way too many stunts. But I will say that getting rid of that moronic bean counting ----head Jaime Engen was a good first move. But a company like Ampeg needs to be run by people who appreciate music and musicians, not soulless MBA's and lawyers who couldn't give a crap what they sell. The entire reason SLM was successful with Ampeg was because the people cared. It wasn't the best product in Ampeg's history, and they didn't always make the brightest decisions, but they cared and they tried hard, and musicians appreciated it. LOUD might as well be making plastic lawn chairs for as much as they care.
Perfect fit = Peavey. They should take them over. That would make perfect sense. Send the cheap low end crap to china, and all the good stuff have them make it in the Peavey factory, whatever is left of it.
Hartley made a comment recently in Premier Guitar Magazine, to the effect, that he and Jim Marshall are the only two amp guys left, that are still running the buisnesses they started.
Hartley made a comment recently in Premier Guitar Magazine, to the effect, that he and Jim Marshall are the only two amp guys left, that are still running the buisnesses they started.
It's a good interview, and Hartley talked about how many music and sound companies have been bought up and conglomerated to where they live or die, and companies do die, but it's the brand names that have an afterlife.
Hartley and his company is still a big U.S. producer, careful about what product he does import in. Right now he seems intent on proving that he can build gear as well as anyone else and beyond to start cracking the botique level market. I know he's taken a turn at keeping Trace Elliott from the ash heap, but I don't know if he'd want to buy up what's left of Ampeg, when he seems refocused on making sure his name is going to be spoken as being among the legendary greats of amp making.
There's nothing wrong with being a private company.
Less people to screw it up based on greed and intent to grow then sell regardless of health of the company. IMHO private companies are more responsible than public ones.
I am a definite Peavey fan (and I agree, that was a good interview!), but I do think that it's worth pointing out that Mesa/Boogie and Carvin both have 40+ year histories, and both are still run by the same people/family. Gallien-Krueger is up there, too, and Bob Gallien still calls the shots.
Tom.
Can anyone name ONE company in the MI industry that has ended up better off by sending their product lines off to Asia? Are there any success stories at all? Where do these guys get the idea that their company and it's image and products will remain any way near what it was before jumping ship?
You can stop there and you'll answer your own question. Plus Lakland and Sadowsky didn't release anything until it was ready and met the standards of Dan Lakin and Roger Sadowsky. LOUD rushed everything to market after outsourcing every part, and put out crap for a good year or two.Sadowsky and Lakland seem to have done pretty well with it. Granted they didn't stop their US production