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What happened to ashdown???

#41
Kelly Lee said:
...and my moderator hat is /off*...I can't believe I'm defending corps but some comments in this thread really bug me.
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Now that you've momentarily removed your moderator hat would you mind sharing (as a regular poster) your thoughts on your apparent inability to differentiate between the underlying economic argument of this issue vs. the political? Only the latter being a TB taboo in this forum, right?

For instance you rush to associate the two issues whenever the words China, Ampeg, or off-shoring are mentioned.

BTW, what's the story behind your avatar?
 
#44
SMASH said:
Is Ampeg a publicly traded company?
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I was gonna put my money where my mouth is and short half a block. I had the borrow arranged and evverything.

But I remembered reading in the 10K something which implied the last owners (of Ampeg when it was under SLM and private) might have been paid with LOUD stock as part of the deal. I held off because that bet against LOUD would also be against those guys and that's where my ethics start getting messy.

But that was six months ago...
 
#45
SMASH said:
Yep. Do they break it down by segments though? Have they even owned Ampeg long enough to have reported on that brand?
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Im sure if you look into the reports it will tell you how Ampeg is doing. However from a quick view of reports the group of Loud seems to be doing good and increasing in size. And gaining back money from stopping operations in italy etc etc.
 
#46
SMASH said:
I'd rather hear from those who assert that Ampeg is in no trouble financially.
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Here's what TheMan has to say:

“We did not fully achieve our financial objectives for 2006,” said Chairman and CEO Jamie Engen. “However, we did make many significant strides in our plan to improve the long term profitability of the company. The costs of consolidating our operations, and costs incurred in the process of closing our two remaining domestic manufacturing plants, had an adverse effect on our 2006 performance. We are confident that the steps we have taken will reduce our operating costs and increase our gross margin in the future. By continuing to leverage LOUD’s global distribution capability, expanding portfolio of famous-name branded products, and solid reputation for quality and innovation in the professional audio and music industries, we believe we can achieve our goal to deliver long-term value for our shareholders.”

Link Removed

I missed the part about passing on the savings.
 
#48
KingOfAmps said:
Now that you've momentarily removed your moderator hat would you mind sharing (as a regular poster) your thoughts on your apparent inability to differentiate between the underlying economic argument of this issue vs. the political?...

...For instance you rush to associate the two issues whenever the words China, Ampeg, or off-shoring are mentioned.
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First off, please refrain from tongue-in-cheek insults. I haven't insulted you so show me the same courtesy. :cool:

On topic: Sorry, but you can not seperate the two as economics and politics are joined at the hip. That is a fact. Economic factors such as foreign trade policies, the strength of the dollar (or pound, euro, etc.), wars, interest rates, etc., etc are all attached to politics. Unfortunately, all those factors are controlled by politicans of the various governments involved. You do see the that, right? :confused:

As to when a corp moves production overseas, the above mentioned factors play a huge part in their decision making process. They have to consider them in order to survive. If you don't like all of the off shore moves then you need to start questioning your Conressman. All I will say is that I don't like companies moving their production overseas. :hmm: That's as far as I will go on that as it will get too deep into politics and my own political views. BTW, this "underlying economic argument", PM me so you can give me your take on what you are talking about. Maybe I'm not seeing what you are seeing. I have no problem having a sensible and open minded discussion via PM. I hope to hear from you. :)
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Only the latter being a TB taboo in this forum, right?
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Per TB rules, political discussions are not allowed anywhere at TB. Not even in The Lounge. They always start a flame war between members and that's why politics are no longer allowed at TB.

BTW, what's the story behind your avatar?
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It's from a poster of a movie. It is definately "tin foil hat" material! :p I can't really go into what the movie is about as it is very political in nature. :ninja: PM me and I'll tell you more if you wish.

Later,
Kelly
 
#49
Kelly Lee said:
On topic: Sorry, but you can not seperate the two as economics and politics are joined at the hip. That is a fact. Economic factors such as foreign trade policies, the strength of the dollar (or pound, euro, etc.), wars, interest rates, etc., etc are all attached to politics. Unfortunately, all those factors are controlled by politicans of the various governments involved. You do see the that, right? :confused:
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OK, I see. Economics/free enterprise vs. Economics inextricably married to politiks. The latter necessarily pollutes the former?

Understood.

Coming from a fan of Russo the irony is killing me...

I think it's this subject's loss that you cannot (because you see it as fact, of course) divorce the two for the sake of those in the amps forum and I'll just have to deal with it while you are a mod.

I'll back off...
 

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