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More woes for Gibson

henry also helped cause that entire rosewood thing by the rude way he treated the authorities...

Henry went into Alex Jones prepper mode! It was somewhat entertaining. For what was basically a paperwork snafu, give or take, he treated it as though the feds had booted down the door and shot his dog. Then he released that dreadful 'government grey' Les Paul as a Nugent-esque retaliation. A lot of Les Paul players appear to be emotionally stunted man-children who lapped this nonsense up, so I guess for once he actually figured out his audience. :laugh:


My money's on Uli Behringer's Music Group to acquire Gibson.

That would be amazing. Gibson... by Behringer. :woot: Gibson, and their annoying simpleton fanboys, richly deserve this.
 
IMHO, Gibson and Fender for that matter both have the same issue. They've relied for too long on only their brand name to sell instruments. The value isn't there anymore. For the money you spend on a top of the line Gibson or Fender production model, you can just about buy a boutique build that will be superior in every way, and only lacks the brand name. Fender just seems to have managed their finances a little better.

It's a shame, but I don't see it changing any time soon.
 
PLEKs are theoretically great, when used by a responsible and prideful manufacturing operation. They take a lot of the time consuming coarse "grunt" work out of fret and nut shaping (and other jobs), and are more consistent and accurate at doing this. Then, theoretically, a human being can come in and put a better effort and more time into the precise fret crowning, end dressing, and polishing, and the nut detailing, that make all the difference between a mediocre playing neck and a great playing neck.

Exactly.

Which Is why complaint about introducing something like that at a company like Heritage falls apart. It can only liberate a master craftsman from having to do drudge work. Let a machine handle the routine but still important part and then pass it over to a craftsman to do the detail work a machine can't.

In the case of those guys who got their walking papers, and the four that quit in sympathy, it sure looks like it's motivated more by a fundamental resistance to change than anything else.
 
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Also Henry J's temper tantrum when he got caught breaking the law was really obnoxious and embarrassing.

Agree. I gave Gibson the benefit of the doubt initially and thought maybe it was a case of some overzealous enforcement on the part of some Customs people. But subsequent information that came out after the raid made it petty clear there was a violation of law and it was done knowingly.

Kinda hard to sympathize with Henry getting called to account in the wake of that.
 
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Agree. I gave Gibson the benefit of the doubt initially and thought maybe it was a case of some overzealous enforcement on the part of some Customs people. But subsequent information that came out after the raid made it petty clear there was a violation of law and it was done knowingly.

Kinda hard to sympathize with Henry getting called to account in the wake of that.
Eh, I was sure as soon as I heard that it was probably Henry J screwing up yet again.
 
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Trying to become a 'lifestyle brand' was surely delusional and a bad idea. A company like Gibson's value comes from it's status as a respected, expert, specialist guitar and bass manufacturer. Psychologically at least, you go to Gibson to feel cool and niche- like a 'serious' guitar player- not to buy in to a pop trend like you do when you buy Nike shoes (Nike being the brand Henry J said he wanted to emulate).
 
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Yeah true. But considering how capricious and arbitrarily CITES seems to get enforced (at least based on what I've read) I didn't want to rush to judgement.
Instead of buying a bunch of dying hi-fi brands, he should have been buying land in Puerto Rico or other suitable climates for mahogany and rosewood timber farming.
 
Trying to become a 'lifestyle brand' was surely delusional and a bad idea. A company like Gibson's value comes from it's status as a respected, expert, specialist guitar and bass manufacturer. Psychologically at least, you go to Gibson to feel cool and niche- like a 'serious' guitar player- not to buy in to a pop trend like you do when you buy Nike shoes (Nike being the brand Henry J said he wanted to emulate).

Beware the CEO who gets bored with what his company does for a living and decides he's going to be the next Warren Buffett.

I think part of it is that Henry goes back to the days when mergers and acquisitions were all the rage in management circles, and his past was calling to him. But to be successful in that you need a very different skill set than the one he has, Harvard MBA or no Harvard MBA.
 
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Beware the CEO who gets bored with what his company does for a living and decides he's going to be the next Warren Buffett.

I think part of it is that Henry goes back to the days when mergers and acquisitions were all the rage in management circles, and his past was calling to him. But to be successful in that you need a very different skill set than the one he has, Harvard MBA or no Harvard MBA.
It was always a corporate fad of dubious merits, anyway.
 
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It was always a corporate fad of dubious merits, anyway.

Agree. I've rarely seen a merger or acquisition that made much sense except where the company being acquired held a strong patent portfolio, or had already established a beachhead in a foreign country the buying company wanted in on.

But I guess they teach these guys differently than they way they did when I was getting my degree back in management school. :laugh:
 
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