Re: Lamentations
Mark Mandell - Gone Round In Jersey
>'Scuse, Bill, but I caught a tone in several comments to the effect that owners and prospective owners were very disappointed in your lathe manufacturer's, as yet poorly understood and unverified, demise. Now if I misinterpreted those comments, well, that's okay, and no pejorative intended, but your reply again uses highly judgmental words like "right", "sensible", "tapdancing" (obscure tu-tu reference deleted), and "I bought this great lathe and paid over very hard-earned big bucks and now they won't even answer an e-mail," (probable misquotation and mischaracterization acknowledged).
What I was pointing out was that there is a wide difference between selling into the US market, and marketing product here. Any foreign lathe manufacturer would be rather foolish to turn down cash sales orders, coming from, say David Ellsworth, just because those machines will be going to The Colonies. But accepting those orders is not even close to actively marketing the product here as in advertising, trade shows, distributior networking, bobble-head dolls, etc.; all the stuff that Oneway does (Okay, maybe not the bobble-heads). All of that costs a whole lot of bucks, as in devalued-against-the-pound dollars, which ultimately come out of the foreign company's bottom line in their local currency.
It seems to me that you seem to think that because Poolewood sold lathes to an American entrepreneur (say David) who transports, imports, and resells them, that they owe some duty of continuity or disclosure to the people who buy the lathes from that business man. Why does it sound like you're more than a bit peeved at Poolewood for not announcing the whole thing in the Wall Street Journal (obvious exageration for effect only) in order to quell the rumors? "You colonials are on your own. We're out of the lathe business for good." or "Hey, Loyal Followers, don't sweat this, we're just taking a break for retooling and making our product even better. Stay tuned for our new whiz-bang models coming to a dealer near you in the future." - Or maybe something in between - would serve what actual purpose other than to satisfy someone's curosity?
As far as the Board meeting goes, that group is in business to make money. If they make twice or thrice the amount on their investment by selling that Chinese [deleted before Russ does], that is the decision they ARE going to make, and the guy at the end of the table (probably the original owner) who protests about such things as top quality prestege products that cost three times as much and are marginally profitable is going to get buried under the extra copies of the Annual Report.
I'd also be a bit careful about the Chinese Cliche, however. THAT's an economy of 3 billion that's coming on like gangbusters with the skills and resources to bury ANY company in the world, head-to-head, quality-for-quality, and product-for-product if they chose to do so. I'm old enough to remember the jingoistic drumbeats of Fifties, and I find it ironic that good old Yankee Capitolism is indeed taking over the world. Problem for us Yankees is we didn't plan on outsourcing, or the sleeping giants of the world actually learning to be as good at our game as we are.
Ah, well. Maybe Omega will be the next victim and I can lament about my Stubby becoming a collectors item. Hey, wait a minute . . . Collector's Item? As in rare, out-of-print, hard-to-find? As in Worth-way-more-than-I-paid-for-it? H-m-m-m-m
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Mark