Been to tied up in my own issues to put too much to paper (or is it electrons?). Got one more trip this year, then slide home!
RE: Colt (as mentioned by a commenter), who knows? First, let me relate a quick story...last month I was sitting in the offices of a firearms company CEO B-S'ing when his phone rang. He looked at the number and took the call; when he hung up, he started laughing.
"You're not going to believe this," he said. "That was the [fill in the name of a big, recognizable bank], who are handling Colt. They want to know if I'm ready to write the check, 'cause Colt's finally ready to sell."
"Are you?" I asked.
"Good question," he replied. "There's not much there there."
I'll make some phone calls, but there's nothing in the financial press.
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Colt--A Fire Sale-2007--The hoses were turned off and put away long ago.
The Sale is thru "Bank of America Securities"--Tel No. 212-933-2191 Alex Khutorsky, or alexander.khutorsky@bofasecurities.com
or try Adrian Walters, V.P. 212-933-3142, adrian.walters@bofasecurities.com
or Defense Analyst Jordan Wilder for bofa @ 212-847-5812, jordan.wilder@bofasecurities.com
Its on their site! www.bofasecurities.com
Although word has it "New Colt" is the asset for sale --not much interest---more interest in the "Archieves" of old Colt stuff.
Probably time for the bottom feeder/auctioneers to make an appearance?
Regards, Mike . . Still watch the show from time to time,
Bob in Fla.
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