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-   -   Fountain Aquired Baja (https://www.offshoreonly.com/forums/general-boating-discussion/182549-fountain-aquired-baja.html)

runafever 03-25-2008 01:47 PM

I have not posted a response to this aquisition yet because I honestly do not know what to think yet. I am still processing this.


RAF

Dock Holiday 03-25-2008 02:46 PM


Originally Posted by runafever (Post 2498955)
I have not posted a response to this aquisition yet because I honestly do not know what to think yet. I am still processing this.


RAF

Talk to your brother "RHC", he knows everything!:D

Here are the actual facts:

1) We really do not know what the deal is / was.
2) We really do not know for sure why Reggie wanted Baja.
3) We really do not know what Reggie intends to do with Baja.
4) We really do not know how this will effect the industry.

Check back in six months and we should know if Bucyrus is closed, if the current employees received a severence, if any transfered to another Brunswick company or to Baja, and we should know by then if Reggie is building boats under the Baja name.

RHC 03-25-2008 04:18 PM

hey ,,, HEY,, Hey,,, :D I represent that remark !!:grinser010:

and u have the direct line to Baja,, not I:p


Your buddy ,, RHC

Chris Sunkin 03-25-2008 04:53 PM


Originally Posted by Dock Holiday (Post 2499048)
2) We really do not know for sure why Reggie wanted Baja..

He may not have been asked. Or had an option to say no if he was asked


Originally Posted by Dock Holiday (Post 2499048)
3) We really do not know what Reggie intends to do with Baja.

Probably build vessels for Mercruiser powerplants/drivelines


Originally Posted by Dock Holiday (Post 2499048)
4) We really do not know how this will effect the industry.

Probably none. The market will only absorb as many H/P boats as it can in times of soft economy and $4 gas. At least Baja will maybe be here when things turn around.


Originally Posted by Dock Holiday (Post 2499048)
Check back in six months and we should know if Bucyrus is closed, if the current employees received a severence, if any transfered to another Brunswick company or to Baja, and we should know by then if Reggie is building boats under the Baja name.

That's no fun. How are we supposed to pretend to be industry experts if we have no forum fo our "informed" conjecture?

ZXXX Donzi 03-25-2008 05:33 PM


Originally Posted by TexomaPowerboater (Post 2498844)
Old enough to own an apache:D

Getting married in May

Yes I have a family

No mortgage

I'll admit my first post was pretty fn stupid in light of things. But you and everyone else need to reliaze that not everybody rakes their employees over the coals in a corporate buyout. The M&A guy already admited to that. Ultimately its up the the owners or shareholders. None of you know the specifics of their severence. I doubt the janitor will get anything, but everyone I've known who has gotten one was more than happy. And like another person metioned a buyout severance will be a lot better than nothing through bankruptcy. I will stand by my statement, if someone buys the company I work for and they give me a severance package I will be very happy and consider it a sweet deal. But I also know how to market myself and it wouldn't take me long to find a new job paying more so it would be a win-win for me. I'd consider it their loss and move forward. You can look at the glass half empty or half full.

If any baja employees are offended by my statement - I apoligize and I've taken down my previous post. My tip for you - take everything you read on OSO with a grain of salt.

I can appreciate that you came out and addressed your first comment.

I think that it is great that you can market yourself, take what most would consider a bad situation and reinvent yourself. More people in our country need to learn how to do that. As a nation we have probably become to complacent in that regard.

I guess the point and concern that many of us have is that the "average worker" will probably have somewhat of a tough time with that. Yes, they will live and should be able to find another job. On the other hand, some of those with families will be forced to move and will probably not be compensated to do so. That is a very stressful thing and not fun at all. As one that has moved many times in my professional life, I can tell you that it is hard. I have done so by choice. I do feel sorry for those that are forced to do so. It is expensive (if someone is not toting the relo) and disruptive to the kids/family scene.

I am still not going along with the "sweet deal" notion overall. I do agree that is a sweet deal in comparison to simply closing the doors.

My comments do not mean that I am against mergers and the survival of good companies. Yes, they have some painful attributes and no, we can not all win 100% of the time.

TexomaPowerboater 03-25-2008 07:15 PM


Originally Posted by ZXXX Donzi (Post 2499311)
I can appreciate that you came out and addressed your first comment.

I think that it is great that you can market yourself, take what most would consider a bad situation and reinvent yourself. More people in our country need to learn how to do that. As a nation we have probably become to complacent in that regard.

I guess the point and concern that many of us have is that the "average worker" will probably have somewhat of a tough time with that. Yes, they will live and should be able to find another job. On the other hand, some of those with families will be forced to move and will probably not be compensated to do so. That is a very stressful thing and not fun at all. As one that has moved many times in my professional life, I can tell you that it is hard. I have done so by choice. I do feel sorry for those that are forced to do so. It is expensive (if someone is not toting the relo) and disruptive to the kids/family scene.

I am still not going along with the "sweet deal" notion overall. I do agree that is a sweet deal in comparison to simply closing the doors.

My comments do not mean that I am against mergers and the survival of good companies. Yes, they have some painful attributes and no, we can not all win 100% of the time.

And I can appreciate another lesson in life, thanks to you....... (not joking)

Somebody asked me my age...................well its the same age most of you wish you still were (26), and its the same generation that was taught by most of you............for what its worth.

Dock Holiday 03-25-2008 07:29 PM


Originally Posted by Chris Sunkin (Post 2499249)



That's no fun. How are we supposed to pretend to be industry experts if we have no forum fo our "informed" conjecture?


:D:D:D

I do know who the experts are.

You and RHC!:evilb:

I know nothing except I am heading to Fort Myers in a week to go boating!

STUCK 03-25-2008 07:54 PM

Hey Dock are you going to be there during the week of the 7th? My wife and two kids and I are going to be at Fort Myers Beach on the north end of the island on vacation. I'll be walking the beach looking for the performance boats or with my binoculars watching the boats go by. I'll keep an eye out and see if I see yours if we are down there the same time.

Dock Holiday 03-25-2008 08:00 PM


Originally Posted by STUCK (Post 2499510)
Hey Dock are you going to be there during the week of the 7th? My wife and two kids and I are going to be at Fort Myers Beach on the north end of the island on vacation. I'll be walking the beach looking for the performance boats or with my binoculars watching the boats go by. I'll keep an eye out and see if I see yours if we are down there the same time.

My boat is not ready but I will be in a Baja. As soon as the dates are finalized I'll let you know.

ZXXX Donzi 03-25-2008 08:14 PM


Originally Posted by TexomaPowerboater (Post 2499437)
And I can appreciate another lesson in life, thanks to you....... (not joking)

Somebody asked me my age...................well its the same age most of you wish you still were (26), and its the same generation that was taught by most of you............for what its worth.

I have been right where you are now. Unfortunately it was about 10 years ago and I do wish I was 26 (ok 28). I had been on the acquiring end of a company I knew was going to be bought. I had some stock options and a resume ready. I was waiting for my sweet deal too. I would have received a nice severance, some good money and would have been able to goof around working maybe 20 hours a week until it closed (probably 6 to 9 months). I was single, 28 and having a ball. I waited with anticipation. Heck, I was going to go to Europe and goof off for a while.

What did I do? I took another job about 6 months before it got announced. At first when I found out I was almost pissed. Europe vacation and cash down the drain for a wimpy sign on bonus at another job! I came back to visit friends in the aftermath. That's when I learned how a merger really impacts people. I had been on the buying side several times and literally seen the tears in my office. It was not until I saw it impact my good friends and others that I knew well that I really understood. In the end I finally realized that moving on before it happened was probably better than seeing peoples lives rearranged so much. I talked to those that were single and could goof around. They told me how worthless they felt after a month or so.

Since then I have seen it many times over. I am glad about one thing. I too learned to adapt before it happened to me.


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