Go Back  Offshoreonly.com > Owners Forum > Fountain
Fountain Delisted From NYSE >

Fountain Delisted From NYSE

Notices

Fountain Delisted From NYSE

Thread Tools
 
Old 01-30-2009 | 08:40 PM
  #1  
Thread Starter
Banned
 
Joined: Feb 2004
Posts: 397
Likes: 0
From: South Florida
Default Fountain Delisted From NYSE

Final delisting has arrived. No more trading of Fountain Powerboat Industries on the New York Stock Exchange.
CanDo is offline  
Reply
Old 01-30-2009 | 11:31 PM
  #2  
Registered
 
Joined: Aug 2005
Posts: 323
Likes: 0
Default

AWSOME!!! Now Reggie doesn't have that hassle anymore. Now what are the finger pointing idiots going to gossip about? I can tell everyone this. Fountain is doing well. Not great but well. Reggie and staff will streamline that plant down and make it through. One thing about Reggie that sets him apart from all the rest.....hard work. If Reggie himself has to layup boats or detail himself he will do it. Nothing is beneath him. I think this delisting is a load off of his shoulders!!!
fountainracing65 is offline  
Reply
Old 01-31-2009 | 05:21 AM
  #3  
Banned
 
Joined: Apr 2008
Posts: 2,004
Likes: 0
From: Boca/Brentwood
Default

Originally Posted by CanDo
Final delisting has arrived. No more trading of Fountain Powerboat Industries on the New York Stock Exchange.
Did he at least get some of the 18 Billion in bonusesHe'll survive as will many who are no longer public
PARADISE ISLAND is offline  
Reply
Old 01-31-2009 | 05:56 AM
  #4  
Registered
20 Year Member
 
Joined: Jan 2004
Posts: 5,325
Likes: 112
From: Northern NY
Thumbs up

Originally Posted by fountainracing65
AWSOME!!! Now Reggie doesn't have that hassle anymore. Now what are the finger pointing idiots going to gossip about? I can tell everyone this. Fountain is doing well. Not great but well. Reggie and staff will streamline that plant down and make it through. One thing about Reggie that sets him apart from all the rest.....hard work. If Reggie himself has to layup boats or detail himself he will do it. Nothing is beneath him. I think this delisting is a load off of his shoulders!!!


Well put! One less topic for the Fountain haters out there to make ignorant comments about. You never heard about how their preferred brands balance sheet was doing, few if any would have a clue. I will miss being able to click on and read some of the "what's up" articles. Guess I'll just have to wait till the package comes every year.

The sport of high performance boating is a somewhat shrinking group these days, but the serious perf-boater will remain. Those / We that are truly interested in this sport will continue to do what we enjoy. Bumps in the road like this economy, last summers high gas prices, and such may slow us down some, but we will keep on boating. The same as the hard core fish guys will continue to enjoy their passion. Reggie was smart enough to see that and jump in with both feet, and now builds a fleet of what have become some of the finest fish boats on the market. Fountain owners are some of the most dedicated and enthusiastic on the water and we will continue to support our brand.
Where would we go? Nothing runs like a Fountain!

Last edited by RaggedEdge; 01-31-2009 at 06:00 AM.
RaggedEdge is offline  
Reply
Old 02-05-2009 | 11:23 AM
  #5  
Registered
 
Joined: Jun 2006
Posts: 377
Likes: 0
From: Sunland, CA
Default

I sure wish they would change direction somewhat to take into consideration the current and future realities.

While race boats are the crucible for advancement, nearly everyone would rather have somewhat more practical boats. That's why the canopy boats don't ever sell.

We may all lust after Ferraris, but we rarely own, and even less rarely drive them.

I think that fundamentally more fuel efficient -- and therefore less expensive for the amount of fun -- boats will be what actually sells.

For example, a 47 Lightning with twin 260 BY BMW-Yanmar turbo diesels would give a 57 knot top speed at 2.3 to 2.5 nautical miles per gallon flat out, and 3.5 nmpg at 35 knots (about 40 mph). Less material in the structure (57 knots is MUCH less stress than 120 mph), far less expensive drive train, makes a less expensive to buy, less expensive to own, less expensive to tow, less expensive to use, and still pretty darn fast boat.

Offshore, the ocean always sets my speed, not my HP. Sure, on lakes its different. The number of times I've been able to go over 50 knots at sea is nearly zero.

In other words, Fountain could use their design and structure technology to build efficient boats rather than just fast boats.
carcrash is offline  
Reply
Old 02-05-2009 | 11:44 AM
  #6  
Registered
 
Joined: Aug 2005
Posts: 323
Likes: 0
Default

hey carcrash you voted for Obama didn't you? The american public wants what they want. Fountain builds a huge variety of boats, and not to point out the obvious but they attract a specific kind of buyer. How many Fountain owners are out there that really give a chit about efficient boats? Not to many. Yes the sea does dictate the speed you can drive but when you get to the bar you still want to be able to say your boat runs 130 even if you only drove there going 40mph. And lets really look at facts...are any boats really efficient? Not really. The only one's that I know of that are efficient come with ore's or require me to paddle them. Neither are an option for me personaly.

Last edited by fountainracing65; 02-05-2009 at 03:17 PM.
fountainracing65 is offline  
Reply
Old 02-05-2009 | 12:19 PM
  #7  
DollaBill's Avatar
OSO OG
 
Joined: Feb 2004
Posts: 7,030
Likes: 2
From: Blue Martini Hall of Fame
Default

What the hell are you talking about carcrash?? This is a performance boat forum. Most members want as much HP as they can get with their checkbook.

As for "utility", a 42 Lightning is utility vs a canopy PR boat. The reason you've never gone over 50kts (55.2 mph) is because your boat really isn't made to do more than that. It has a great hull but the fish boats always have lots of stuff that gets knocked around. What power do you have?
DollaBill is offline  
Reply
Old 02-05-2009 | 05:11 PM
  #8  
Registered
 
Joined: Jan 2008
Posts: 45
Likes: 0
From: Cleveland, OH
Default

Wow, preaching to the wrong crowd carcrash! maybe time to find a forum that betters suits your views. The vast majority of us here find our fountains to be very "practical," contrary to your beliefs!
joep29 is offline  
Reply
Old 02-06-2009 | 07:17 AM
  #9  
Registered
20 Year Member
 
Joined: Jan 2004
Posts: 5,325
Likes: 112
From: Northern NY
Default

My thought here would be that "hull efficiency" that would lead to more speed would also result in a more efficient running package in relation to fuel use as well. A higher cruise speed at a given RPM for sure results in better MPG. My new twin step 35 does seems to be better on fuel than my last single step 35. I'll admit that some of that may be due to the fuel injection and all the computer controls on the 525s versus the carb 500s in my last boat. But the difference is noticeable, and some of it surely must be due to the hull design changes.

For the fish guys I believe it would be "range" that would be of concern. Does not Fountain note that form of "efficiency" in the adds for the fish boats? Any boat can get offshore to the hot spot, more importantly the "efficient" ones get back! I think I've got this right ! ? .


Though I don't see how this got to here from the Delisting deal it started with.

Fountain did close @ $.17 yesterday, up a penny a day for two days in a row. Now do the percentage gains on that move! Better than money in the bank!!!

Last edited by RaggedEdge; 02-06-2009 at 07:34 AM.
RaggedEdge is offline  
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
KennyOffShore
Offshoreonly Industry News
0
08-06-2008 10:14 AM
joejohn
Fountain
25
04-06-2008 08:33 AM
Fast 1
General Racing Discussion
5
05-10-2005 08:48 PM
DannyD
General Boating Discussion
15
02-11-2005 10:54 PM
Blade38
General Boating Discussion
3
08-11-2002 10:26 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.