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lews
#12019016
01/04/17 03:12 AM
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Joined: Jun 2012
Posts: 164
whybass
OP
Outdoorsman
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OP
Outdoorsman
Joined: Jun 2012
Posts: 164 |
has anyone else heard that lews sold out?
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Re: lews
[Re: whybass]
#12019025
01/04/17 03:25 AM
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Joined: Oct 2012
Posts: 4,414
lenahorse
TFF Team Angler
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TFF Team Angler
Joined: Oct 2012
Posts: 4,414 |
Last edited by lenahorse; 01/04/17 03:33 AM.
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Re: lews
[Re: whybass]
#12019287
01/04/17 12:22 PM
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Joined: Jul 2011
Posts: 9,198
the skipper
TFF Celebrity
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TFF Celebrity
Joined: Jul 2011
Posts: 9,198 |
Usually not good news when a "capital" business buys these tackle companies. Things start changing and usually quality goes down
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Re: lews
[Re: the skipper]
#12020269
01/04/17 09:37 PM
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Joined: Aug 2010
Posts: 6,300
JD/76708
TFF Celebrity
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TFF Celebrity
Joined: Aug 2010
Posts: 6,300 |
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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Re: lews
[Re: whybass]
#12020442
01/04/17 10:57 PM
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Joined: Jul 2014
Posts: 4,340
Bobby Milam
TFF Team Angler
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TFF Team Angler
Joined: Jul 2014
Posts: 4,340 |
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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Re: lews
[Re: whybass]
#12020668
01/05/17 12:29 AM
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Joined: Sep 2008
Posts: 1,050
NitroUSAF
Extreme Angler
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Extreme Angler
Joined: Sep 2008
Posts: 1,050 |
in the end quality will be effected, Some will try to increase profit and reduce overhead. better stock up while you can.
Osprey Bass Club 2014 Nitro Z8 w/250 Merc" USAF Retired Sponsors: My WIFE/FAMILY & My Wallet
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Re: lews
[Re: whybass]
#12020686
01/05/17 12:38 AM
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Joined: Nov 2014
Posts: 23,385
SteezMacQueen
TFF Guru
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TFF Guru
Joined: Nov 2014
Posts: 23,385 |
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.
Eat. Sleep. Fish.
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Re: lews
[Re: whybass]
#12020869
01/05/17 01:54 AM
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Joined: Mar 2010
Posts: 530
BarryH
Pro Angler
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Pro Angler
Joined: Mar 2010
Posts: 530 |
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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Re: lews
[Re: SteezMacQueen]
#12020886
01/05/17 02:01 AM
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Joined: Jul 2007
Posts: 50,874
Trickster
Super Freak
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Super Freak
Joined: Jul 2007
Posts: 50,874 |
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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Re: lews
[Re: BarryH]
#12020888
01/05/17 02:02 AM
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Joined: Jul 2007
Posts: 50,874
Trickster
Super Freak
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Super Freak
Joined: Jul 2007
Posts: 50,874 |
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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Re: lews
[Re: whybass]
#12020930
01/05/17 02:24 AM
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Joined: Oct 2016
Posts: 377
Banker Fisherman
Angler
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Angler
Joined: Oct 2016
Posts: 377 |
This could have any interesting outcome for the company. Will be looking to see what will come of it.
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Re: lews
[Re: whybass]
#12020961
01/05/17 02:36 AM
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Joined: Jul 2013
Posts: 6,697
Brent S
TFF Celebrity
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TFF Celebrity
Joined: Jul 2013
Posts: 6,697 |
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Re: lews
[Re: Trickster]
#12021270
01/05/17 05:41 AM
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Joined: Jul 2014
Posts: 4,340
Bobby Milam
TFF Team Angler
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TFF Team Angler
Joined: Jul 2014
Posts: 4,340 |
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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Re: lews
[Re: BarryH]
#12021283
01/05/17 05:53 AM
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Joined: Feb 2013
Posts: 38,564
Frank the Tank
TFF Guru
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TFF Guru
Joined: Feb 2013
Posts: 38,564 |
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.
Last edited by Frank the Tank; 01/05/17 05:54 AM.
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