No. Besides the fact Milestones have always been passive basses ,there was a different plan for them.
By the mid 90's the US was awash with cheap used Peaveys , the real market for Milestones was overseas.
My word did they make an impact in that market. On any given day you can find at least 20 Milestones for sale, that's in the UK alone. Milestones also made their way into Africa, I know a few players in Ghana who play them.
27 years they have been in constant production, a record for Peavey basses.
I have my doubts the bass @Bleecker posted is a bitsa. The original Milestone I was a straight jazz bass copy, right down to the separate chromed control plate. Only the harpoon head marks them out as Peaveys.
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Pretty sure those came out the Saein factory in Korea.
No low rent hack outfit. The Saein built Epiphones are highly regarded and should you find one of their Ric-a-like 4001 (RK-2000-NT) you'll think you've died and went to Heaven