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#12019016 - 01/03/17 09:12 PM lews
whybass Offline
Outdoorsman

Registered: 06/20/12
Posts: 141
Loc: beaumont,Tx
has anyone else heard that lews sold out?

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#12019025 - 01/03/17 09:25 PM Re: lews [Re: whybass]
lenahorse Offline
TFF Team Angler

Registered: 10/11/12
Posts: 3947
Loc: Cash, Texas


Edited by lenahorse (01/03/17 09:33 PM)
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#12019287 - 01/04/17 06:22 AM Re: lews [Re: whybass]
the skipper Offline
Extreme Angler

Registered: 07/04/11
Posts: 2985
Loc: nederland, TX
Usually not good news when a "capital" business buys these tackle companies. Things start changing and usually quality goes down

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#12020269 - 01/04/17 03:37 PM Re: lews [Re: the skipper]
JD/76708 Offline
TFF Celebrity

Registered: 08/07/10
Posts: 6109
Loc: ..around the way, near Lk Waco
Originally Posted By: the skipper
Usually not good news when a "capital" business buys these tackle companies. Things start changing and usually quality goes down



Yup....analytics has hit all industries...for good. .and bad...cheaper materials will save money, but in the end, reduce quality
_________________________
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We all stumble and make mistakes. When you stumble, do you want your brother to help knock you down or to help set you back on your feet?
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#12020330 - 01/04/17 04:00 PM Re: lews [Re: whybass]
Frank the Tank Offline
TFF Guru

Registered: 02/27/13
Posts: 20742
Loc: Rockwall & a lake somewhere
RIP Lews
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Talon Lures - high quality, hand tied lures made in Texas.
Team McRib - unable to get logo to upload
Cowboys fan and a Jerry Jones fan (for now)


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#12020442 - 01/04/17 04:57 PM Re: lews [Re: whybass]
Bobby Milam Offline
Extreme Angler

Registered: 07/13/14
Posts: 2959
Loc: Arlington
I have been a big fan of Lews and that's all that I own. Pretty much because I felt that they were trying to bring it back in it's full glory of what it was originally being built to be. Now, I don't have confidence that they will be made with quality in mind but rather cost. I'm probably going to start buying other bands in the future.

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#12020668 - 01/04/17 06:29 PM Re: lews [Re: whybass]
NitroUSAF Offline
Pro Angler

Registered: 09/03/08
Posts: 862
Loc: Justin, Texas
in the end quality will be effected, Some will try to increase profit and reduce overhead.
better stock up while you can.
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#12020686 - 01/04/17 06:38 PM Re: lews [Re: whybass]
SteezMacQueen Online   sleepy
TFF Team Angler

Registered: 11/02/14
Posts: 4470
Loc: Red Oak, Galveston, and Pagosa...
Well....if ya can't buy Lews....buy BPS reels....same thing. or at least they look very similar and share a LOT of parts.
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#12020869 - 01/04/17 07:54 PM Re: lews [Re: whybass]
BarryH Offline
Pro Angler

Registered: 03/03/10
Posts: 527
Loc: Lake Fork, Texas
Seriously? These are your first reactions to that news???
  • "sold out"
  • "quality goes down"
  • "cheaper materials"
  • "reduce quality"
  • "RIP"
  • "don't have confidence"
  • "start buying other brands"
You LIKE the reels but you're ready to walk away because an acquisition MIGHT change something?

I can't believe the completely unsubstantiated negativity. Nothing in the press release even hints at these predictions. In fact, it pretty clearly says just the opposite and everything I've heard from Lew's directly confirms that.

This could be a tremendous growth opportunity for Lew's. If Lew's was struggling, I could see an argument for concern but they have been kicking arse the last few years. One thing holding them down is having enough money on hand to do what they need/want to do. Along comes a sugar daddy with deep pockets that offers to essentially stay out of the way and enable them to continue their growth trajectory.

End result? An already profitable company grows even faster! This is how good companies get even better and that's successful investing, not a death knell. Not every acquisition is a Gordon Gekko rape/pillage/plunder.

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#12020886 - 01/04/17 08:01 PM Re: lews [Re: SteezMacQueen]
Trickster Offline
TFF Guru

Registered: 07/27/07
Posts: 34899
Loc: Plano TX
Originally Posted By: SteezMacQueen
Well....if ya can't buy Lews....buy BPS reels....same thing. or at least they look very similar and share a LOT of parts.
Never thought that. Hmmm
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#12020888 - 01/04/17 08:02 PM Re: lews [Re: BarryH]
Trickster Offline
TFF Guru

Registered: 07/27/07
Posts: 34899
Loc: Plano TX
Originally Posted By: BarryH
Seriously? These are your first reactions to that news???
  • "sold out"
  • "quality goes down"
  • "cheaper materials"
  • "reduce quality"
  • "RIP"
  • "don't have confidence"
  • "start buying other brands"
You LIKE the reels but you're ready to walk away because an acquisition MIGHT change something?

I can't believe the completely unsubstantiated negativity. Nothing in the press release even hints at these predictions. In fact, it pretty clearly says just the opposite and everything I've heard from Lew's directly confirms that.

This could be a tremendous growth opportunity for Lew's. If Lew's was struggling, I could see an argument for concern but they have been kicking arse the last few years. One thing holding them down is having enough money on hand to do what they need/want to do. Along comes a sugar daddy with deep pockets that offers to essentially stay out of the way and enable them to continue their growth trajectory.

End result? An already profitable company grows even faster! This is how good companies get even better and that's successful investing, not a death knell. Not every acquisition is a Gordon Gekko rape/pillage/plunder.
I agree.
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#12020930 - 01/04/17 08:24 PM Re: lews [Re: whybass]
Banker Fisherman Offline
Angler

Registered: 10/11/16
Posts: 317
Loc: Sherman, TX
This could have any interesting outcome for the company. Will be looking to see what will come of it.
_________________________

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#12020961 - 01/04/17 08:36 PM Re: lews [Re: whybass]
Brent S Online   content
Extreme Angler

Registered: 07/04/13
Posts: 2906
Loc: Eagle Mountain Lake
Interesting
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#12021270 - 01/04/17 11:41 PM Re: lews [Re: Trickster]
Bobby Milam Offline
Extreme Angler

Registered: 07/13/14
Posts: 2959
Loc: Arlington
Originally Posted By: Trickster
Originally Posted By: SteezMacQueen
Well....if ya can't buy Lews....buy BPS reels....same thing. or at least they look very similar and share a LOT of parts.
Never thought that. Hmmm


Pretty much what I've already thought about doing.

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#12021283 - 01/04/17 11:53 PM Re: lews [Re: BarryH]
Frank the Tank Offline
TFF Guru

Registered: 02/27/13
Posts: 20742
Loc: Rockwall & a lake somewhere
Originally Posted By: BarryH
Seriously? These are your first reactions to that news???
  • "sold out"
  • "quality goes down"
  • "cheaper materials"
  • "reduce quality"
  • "RIP"
  • "don't have confidence"
  • "start buying other brands"
You LIKE the reels but you're ready to walk away because an acquisition MIGHT change something?

I can't believe the completely unsubstantiated negativity. Nothing in the press release even hints at these predictions. In fact, it pretty clearly says just the opposite and everything I've heard from Lew's directly confirms that.

This could be a tremendous growth opportunity for Lew's. If Lew's was struggling, I could see an argument for concern but they have been kicking arse the last few years. One thing holding them down is having enough money on hand to do what they need/want to do. Along comes a sugar daddy with deep pockets that offers to essentially stay out of the way and enable them to continue their growth trajectory.

End result? An already profitable company grows even faster! This is how good companies get even better and that's successful investing, not a death knell. Not every acquisition is a Gordon Gekko rape/pillage/plunder.


While I completely understand your reaction and thought process, AND am a fan of the free-market capitalism system we operate in America. USUALLY, when something like this happens, we are right. A deep pockets investor/buyer sees a well respected product that has made a comeback after taking somewhat of a downturn, and decides, I can use that name brand, in this case LEWS, and acquire it for the name, slash costs and then increase profits x-fold. Thus, giving me x amount of return on investment without having to do the work of building the brand. It's what free-market capitalism is all about to some degree. Unfortunately, it is a tale told to often that the quality diminishes once an acquisition is made, and I believe some, myself included, are simply playing the long term percentages with our comments, that we have seen play out time an time again when acquisitions are made. History has proven we may be right. That's all.


Edited by Frank the Tank (01/04/17 11:54 PM)
_________________________
Proverbs 3:5&6
Talon Lures - high quality, hand tied lures made in Texas.
Team McRib - unable to get logo to upload
Cowboys fan and a Jerry Jones fan (for now)


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