Like Tree0Likes

More bad news for Brunswick

Reply
Old 10-21-2008, 01:05 PM
  #1
Registered
Thread Starter
 
Join Date: Mar 2008
Posts: 52
Default More bad news for Brunswick

http://www.tradeonlytoday.com/index....lue-22-percent
glassman11 is offline  
Reply With Quote
Old 10-21-2008, 01:33 PM
  #2
Registered
 
Join Date: Jun 2006
Location: Detroit, MI / Miami, FL
Posts: 330
Default

What????

No more bowling balls????

divenstar
divenstar is offline  
Reply With Quote
Old 10-21-2008, 06:28 PM
  #3
KiloKat
VIP Member
 
KiloKat's Avatar
 
Join Date: Jun 2001
Location: Edwardsville, IL
My Boats: Fast Cats
Posts: 971
Default

And it's only going to get worse guys! I'm concerned that we haven't even begun to see the real "main street" trickle down effect from the current financial crisis. This country has been living on far too much easy credit for far too many years and although that can't be stopped, I'll assure you it's going to be drastically slowed. Very sad state of affairs ...
KiloKat is offline  
Reply With Quote
Old 10-21-2008, 06:42 PM
  #4
jimdarr40
Guest
 
Posts: n/a
Default

Dave, I agree 100% with you. was looking at boats today at LOTO, too many unbelievable deals to count, looked at a 2007 440 Searay repo today for 225k cash, boat was perfect, boat should be in the 325-350k range. Looked at a couple performance boats and they were even worse, , A couple of boat salesman said this winter boat prices are going to go down beyond belief. Heard a few of the bigger dealers are on the verge of Bankruptsy. I hope it does'nt get this bad, this summer took a big toll on the lakes businesses.
 
Reply With Quote
Old 10-21-2008, 07:04 PM
  #5
Registered
 
Join Date: Aug 2005
Posts: 323
Default

Very sad for all. i don't understand how all these company's didn't see some of this coming. lets face it you had to be pretty dumb if you thought the ecomomy was going to continue to grow as rapid as it was. Let all hope this is an eye opener to all these company's that spent butt loads of stockholder money on bullcrap trips and perks for there CEO's. The real victims here are all the poor people who stuck there hard earned money into these huge company's that did nothing but abuse the stock holders money. Lets all remember the saying...a penny saved is a penny earned. Also goes to show you how messed up are tax system is also. Were these company's get taxed...or punished for big profits. If you look at it from that angle why not give perks and big dividends. Take a trip......its a write off......Show as profit......pay uncle sam.
fountainracing65 is offline  
Reply With Quote
Old 10-21-2008, 07:54 PM
  #6
Registered
 
Join Date: Jun 2001
Location: Graham,NC
My Boats: 2007 Lightning w/700s, 29 w/575s
Posts: 628
Default

Well said.
Roger is offline  
Reply With Quote
Old 10-21-2008, 09:42 PM
  #7
Gold Member
Gold Member
 
augie58's Avatar
 
Join Date: Apr 2002
Location: wisconsin
My Boats: 98 formula 353
Posts: 486
Default

Both General Motors and Ford are "junk" rated and have been for awhile. Everything seem to indicate that there are severe economic storm clouds on the horizon which doesn't bode well for anyone, let alone companies with to much debt.
augie58 is offline  
Reply With Quote
Old 10-21-2008, 10:00 PM
  #8
Registered
 
Join Date: Jun 2006
Location: Detroit, MI / Miami, FL
Posts: 330
Default

Quote:
Originally Posted by augie58 View Post
Both General Motors and Ford are "junk" rated and have been for awhile. Everything seem to indicate that there are severe economic storm clouds on the horizon which doesn't bode well for anyone, let alone companies with to much debt.
I'm from Detroit...

The storm clouds have been here for some time...

Problem is, the current administration has been pissing on our heads...

But telling us it's raining...

Can you spell D-E-P-R-E-S-S-I-O-N????

Divenstar
divenstar is offline  
Reply With Quote
Old 10-21-2008, 10:05 PM
  #9
Registered
 
lawdocx3's Avatar
 
Join Date: Feb 2005
Location: Cape Coral, FL
Posts: 349
Default

Not very comforting news. Especially since I just shelled out almost 5k for Mercury extended warranty on my motor.
lawdocx3 is offline  
Reply With Quote
Old 10-21-2008, 11:59 PM
  #10
Platinum Member
Platinum Member
 
Join Date: Jun 2007
Posts: 4,254
Default

The financial climate isn't so great here in Ontario, Canada either, the Automotive Industry is in a tail spin. Everyone is talking about, if GM and Chrysler join forces and become one there could be many more job loses and plant closures.
AB From Windsor is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Live Wire II
Formula
13
04-23-2005 02:10 AM



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



All times are GMT -5. The time now is 02:03 PM.


Copyright 2011 OffShoreOnly. All rights reserved.