CoolCat
Well-known member
I get it the way you explain it, thanks.
Its interesting as hell to me but I dont understand at a 1st grader level....I do get the concept of scam and dumping debt on people etc. Im a fan of American Greed, Bernie Maddoff movie and The Big Short...
When Baine took over I actually recall some poster saying "uh oh thats the end of GC".
So they bought GC but stuffed them with debt , so it reads, but how does a corporation like Baine add a billion of debt to GC?
The other ideas these companies come up with to me seem lame. GC wants to build more and more stores as a path to get out of debt? then Fender is going to bombard Guitar Lesson pop-up advertisement to save the company?
Just doesnt seem like the big plan will work. The only plan I would do is a hardcore downsize and go back to basics and less overhead, if they even can.
I mean Gibson could go back to what they are on a small scale and become in demand again and low output and stop trying to be a Microsoft corp. Fender ...geeez....theyve diversified so much and theres so much Fender stuff out on the floor and craigslist and every other used website, saturation seems to have arrived.
Thats my perception. When I see some guitar for $1900 or $4000 so someone can pretend to be a Rock Star it gets silly.
Or do they hope the collector baby-boomers will keep buying until they each have 1005 guitars in their basement and none of them are hardly played?
Its like going back to the basic recipe of what started it all, the core business. Even then the 60's and 70's crowds might be done buying guitars and amps?
The other will dwindle.
Fender is going for the teen crowd with Guitar Lessons to "seed a new crop" of customers but still the prices keep the high end out and the Squeirs quality continues to improve but theres not so much profit, and even new Squiers compete with an ocean of used Squiers.
So basically your saying they have a huge bill coming due, they are looking for some people to pay the bill for them while the business model doesnt change? Who would invest in that deal?
It doesnt make sense why anyone would invest in something thats not working very good.
Im just a financial idiot that likes to watch trainwrecks maybe?
Its interesting as hell to me but I dont understand at a 1st grader level....I do get the concept of scam and dumping debt on people etc. Im a fan of American Greed, Bernie Maddoff movie and The Big Short...
When Baine took over I actually recall some poster saying "uh oh thats the end of GC".
So they bought GC but stuffed them with debt , so it reads, but how does a corporation like Baine add a billion of debt to GC?
The other ideas these companies come up with to me seem lame. GC wants to build more and more stores as a path to get out of debt? then Fender is going to bombard Guitar Lesson pop-up advertisement to save the company?
Just doesnt seem like the big plan will work. The only plan I would do is a hardcore downsize and go back to basics and less overhead, if they even can.
I mean Gibson could go back to what they are on a small scale and become in demand again and low output and stop trying to be a Microsoft corp. Fender ...geeez....theyve diversified so much and theres so much Fender stuff out on the floor and craigslist and every other used website, saturation seems to have arrived.
Thats my perception. When I see some guitar for $1900 or $4000 so someone can pretend to be a Rock Star it gets silly.
Or do they hope the collector baby-boomers will keep buying until they each have 1005 guitars in their basement and none of them are hardly played?
Its like going back to the basic recipe of what started it all, the core business. Even then the 60's and 70's crowds might be done buying guitars and amps?
The other will dwindle.
Fender is going for the teen crowd with Guitar Lessons to "seed a new crop" of customers but still the prices keep the high end out and the Squeirs quality continues to improve but theres not so much profit, and even new Squiers compete with an ocean of used Squiers.
So basically your saying they have a huge bill coming due, they are looking for some people to pay the bill for them while the business model doesnt change? Who would invest in that deal?
It doesnt make sense why anyone would invest in something thats not working very good.
Im just a financial idiot that likes to watch trainwrecks maybe?