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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (461)11/14/2004 10:25:32 AM
From: richardred  Read Replies (2) | Respond to of 7254
 
>Sports apparel is a tough business. Sports stocks in general are tough.

Yes -some examples off the top of my head.
Starter-Chapter 11
Huffy -Chapter 11
Pepsi took a big write off many years ago when it bough Wilson.
KTO-ended up buying a very beat up Rawlings.

>If INGP is sold, I would not expect to see much of a premium

As in the previous post. Damaged goods usually don't carry a big premium. On the other hand, sometimes one companies loss is another gain, when trying to accomplish a strategic business plan.



To: Glenn Petersen who wrote (461)11/14/2004 9:09:11 PM
From: richardred  Respond to of 7254
 
Glen: You might find this interesting-RGR-Another foundry was opened up in Prescott, Arizona in 1987, in order to meet the initial demand for Ruger’s new firearms manufacturing facility located there. It rapidly expanded and added a titanium casting capability in the late 1980’s. When Bill Ruger met Ely Callaway of Callaway Golf at a vintage automobile auction, the two quickly decided to form a joint venture to manufacture titanium golf club heads such as the “Great Big Bertha” bearing the identifying mark “Ruger Titanium” on the soleplate. Ruger Investment Casting was on its way to becoming a major force in the domestic titanium casting market, a position which it retains to this day. Marine, aerospace, golf, and automotive applications are just a few of the many uses to which the corrosion-resistant lightweight Ruger titanium investment castings are applied. “Accurate, Precision Castings” is this segment's motto.