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Fender to file for IPO...

http://www.reuters.com/article/2012/03/08/us-fender-ipo-idUSBRE8270M420120308

I plan to organize a shareholder revolt to get those sweet Fender Japan models here in the US.

hclapp219 wrote:I plan to organize a shareholder revolt to get those sweet Fender Japan models here in the US.

NOW YR TALKING.

did you peep the part about: "the company will use 100 million of the proceeds to pay off debt"

wholey. crap.

i'm thinking this can't be good. once the stock market and its growth-at-any-cost metric gets applied to Fender, kiss quality goodbye. as well as Gretsch, Guild, Sunn, and all the other ancillary marques Fender carries that aren't necessary to the mission.

dubkitty wrote:i'm thinking this can't be good. once the stock market and its growth-at-any-cost metric gets applied to Fender, kiss quality goodbye. as well as Gretsch, Guild, Sunn, and all the other ancillary marques Fender carries that aren't necessary to the mission.

This.

Also, expect 99% more HH equipped guitars. GET YER POP-PUNX ON. ALL THE KOOL KIDS PLAY IT.

Noise... wrote:

dubkitty wrote:i'm thinking this can't be good. once the stock market and its growth-at-any-cost metric gets applied to Fender, kiss quality goodbye. as well as Gretsch, Guild, Sunn, and all the other ancillary marques Fender carries that aren't necessary to the mission.

This.

Also, expect 99% more HH equipped guitars. GET YER POP-PUNX ON. ALL THE KOOL KIDS PLAY IT.

ack. If i never see a SSH or HSH guitar the rest of my life, it will be too soon!

Noise... wrote:

dubkitty wrote:i'm thinking this can't be good. once the stock market and its growth-at-any-cost metric gets applied to Fender, kiss quality goodbye. as well as Gretsch, Guild, Sunn, and all the other ancillary marques Fender carries that aren't necessary to the mission.

This.

Also, expect 99% more HH equipped guitars. GET YER POP-PUNX ON. ALL THE KOOL KIDS PLAY IT.

ack. Just saw were they were doing this stained ash strats....of course, HSH If i never see a SSH or HSH guitar the rest of my life, it will be too soon!

Maybe if they stopped making signature models for people like krist noveselic or w/e this wouldn't happen

i find it intriguing that in a world where guitar-players love to speculate on company workings, nobody seems to notice that FMIC (Fender Musical Instrument Corporation) is doing all the things Gibson did to itself to ruin its reputation in the last 15 years or so. they've been putting out US-made product of increasingly variable quality for increasingly silly prices, undercutting their own overpriced major brand with good-quality Asian-made secondary brands, focusing increasingly on high-priced Custom Shop work and signature models rather than on quality product for the regular market, and bastardizing their classic designs in ways that take away much of what made them great to begin with.

dubkitty wrote:i find it intriguing that in a world where guitar-players love to speculate on company workings, nobody seems to notice that FMIC (Fender Musical Instrument Corporation) is doing all the things Gibson did to itself to ruin its reputation in the last 15 years or so. they've been putting out US-made product of increasingly variable quality for increasingly silly prices, undercutting their own overpriced major brand with good-quality Asian-made secondary brands, focusing increasingly on high-priced Custom Shop work and signature models rather than on quality product for the regular market, and bastardizing their classic designs in ways that take away much of what made them great to begin with.

Iiiiiiinteresting. That's a really good point.

I did notice. Whenever they had that huge price increase a couple years back I realized just how severe they're trying to do it.

yeah, raised prices 35% and then had the "HEY LOOK WE"RE HAVING A 20% OFF REGULAR PRICE SALE" three months later. like nobody would notice.