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No IPO for Fender

Discussion in 'Miscellaneous [BG]' started by evenintheshower, Jul 20, 2012.

  1. LuvMusic


    Aug 18, 2007
    Oak Park, IL
    Thanks for that, I was going to buy some shares. Probably a wise decision, as stated in the article, given the economic uncertainty in Europe. It is dicey there and as a result the dollar has gotten stronger making US goods more expensive....not a good thing if you're trying to sell in Europe as Fender does.
  2. datsaxguy


    Oct 28, 2008
    I'm glad this didn't happen. When it becomes about the stock price and maximizing profit, the customers usually loose out.
  3. bluesblaster


    Jan 2, 2008
    wise decsion on there part given the current financial climate.
  4. pacojas

    pacojas "FYYA BUN"

    Oct 11, 2009

    the #1 reason to be concerned!!!
  5. Reading the article Fender is owed 11 million by GC which has a debt load of 1.6 BILLION.
  6. ModuMan

    ModuMan How many is too many? Supporting Member

    Feb 23, 2007
    Bristol, CT #19
    I was just going to post the same link but I'm glad it was already noticed.

    I had no idea about the GC/Fender correlation.
  7. fdeck

    fdeck Supporting Member Commercial User

    Mar 20, 2004
    Madison WI
    HPF Technology LLC
    An old saying: When you owe somebody a dollar, you're a debtor. When you owe somebody a million dollars, you're a partner.

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