#21
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RE sales then and now:
I suspect that Estes's distribution network is WAY larger than it was even at the height of the space race. They've gotten into Target, Walmart, and large regional chains like Fred Meyer. Fingers crossed!
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NAR #27085 - Oregon Rocketry - SAM |
#22
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Quote:
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Bill Eichelberger NAR 79563 http://wallyum.blogspot.com/ I miss being SAM 0058 Build floor: Centuri Mini Dactyl Estes - Low Boom SST Semroc - Marauder, Shrike, SST Shuttle In paint: Canaroc Starfighter Scorpion Estes F-22 Air Superiority Fighter, Multi-Roc, Solar Sailer II Semroc Cyber III Ready to fly: Estes - Solar Sailer II Semroc - Earmark, Groonie Der V 1/2 |
#23
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I am not welcoming the potential change in the status quo. Best case is some entity buys Estes and wants to keep it running as is. Worst case someone buys Estes and squeezes it hard to milk every penny it can out of the business.
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-Wolfram v. Kiparski NAR 28643 - TRA 15520 MTMA Section #606 President |
#24
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Given the bankruptcy, what makes you think Hobbico wasn't doing that already?
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A dark night in a city that knows how to keep its secrets. But high above the quiet streets on the 12th floor of the Acme Building, one man is still trying to find the answers to life's persistent questions. Guy Noir, Private Eye. Fox Valley Rocketeers: http://www.foxvalleyrocketeers.org |
#25
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>Given the bankruptcy, what makes you think Hobbico wasn't doing that already?
Coming from a banker this certainly implies that this was the case.
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National Collection Images: G. Harry Stine Collection/The Museum of Flight. |
#26
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I'm not saying that Hobbico was not already doing that, but consider that Estes is still delivering high quality products. New owners might have a different philosophy. I'm sure we all can come up with examples of what sometimes happens after a company is sold where product quality goes down as the new owners seek to, as I put it, squeeze every last penny out of an operation. Speculation. Nothing to do about it other than wait and see.
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-Wolfram v. Kiparski NAR 28643 - TRA 15520 MTMA Section #606 President |
#27
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I think Hobbico did a nice job of managing Estes. Estes is a MUCH better company today than it was before Hobbico took it over.
My heart goes out to all the nice folks who work at Hobbico, including Rick Piester (son of Centuri founders Lee and Betty Piester). I hope the reorganization goes well and that they all land on their feet. I am very grateful to Hobbico for all they did to rescue Estes from its Barry days. As for the future of Estes, I am confident that its best days are still ahead of it. Steve |
#28
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It would be nice to see someone from the Piester family take it over.
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#29
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One school of thought says that a well-run company SHOULD squeeze to get every possible penny out of a business. "Well run" and "maximized profits" are not mutually exclusive terms. The best run companies in the world are those that deliver outstanding products and services while maximizing shareholder value. I sincerely hope that Estes, regardless of whatever form it takes going forward, can do both. James |
#30
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A combo of Rick Piester and John Boren at the helm of Estes if spun-off would be GREAT.
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When in doubt, WHACK the GAS and DITCH the brake !!! Yes, there is such a thing as NORMAL, if you have to ask what is "NORMAL" , you probably aren't ! Failure may not be an OPTION, but it is ALWAYS a POSSIBILITY. ALL systems are GO for MAYHEM, CHAOS, and HAVOC ! |
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