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Search: Posts Made By: hooky40
Showing results 1 to 25 of 34
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Forum: General Boating Discussion
09-29-2009, 04:58 PM
Replies: 345
Views: 101,348
Posted By hooky40

Yes, the employees were working for a paycheck,...

Yes, the employees were working for a paycheck, but they also got "F#*&%D" with their 401k's and any future earnings that they could have had if the company had an owner/CEO/President who knew his...
Forum: General Boating Discussion
09-29-2009, 04:00 PM
Replies: 345
Views: 101,348
Posted By hooky40

I'm sure you do

I'm sure you do
Forum: General Boating Discussion
09-29-2009, 02:07 PM
Replies: 345
Views: 101,348
Posted By hooky40

Reggie is the best person to have in charge of...

Reggie is the best person to have in charge of nothing. He created the mess with short-sighted goals and no idea of how to operate a large corporation in tough economic times. Don't blame anyone...
Forum: General Boating Discussion
09-23-2009, 04:35 PM
Replies: 15
Views: 2,395
Posted By hooky40

What a great looking boat... I have boat envy!

What a great looking boat... I have boat envy!
Forum: General Boating Discussion
09-21-2009, 05:33 PM
Replies: 15
Views: 2,395
Posted By hooky40

I saw and heard part of that poker run from my...

I saw and heard part of that poker run from my deck in Newport. There were some really bad ass boats out there!
Forum: General Boating Discussion
09-03-2009, 05:52 PM
Replies: 12
Views: 2,733
Posted By hooky40

I'm not sure of the exact width of the beam, but...

I'm not sure of the exact width of the beam, but it is a narrow hull. They were discussing the right/left handed prop issue today, but they think that the drive might need to be raised up a bit too....
Forum: General Boating Discussion
09-03-2009, 04:38 PM
Replies: 12
Views: 2,733
Posted By hooky40

The port side trim tab was appx 12" lower than...

The port side trim tab was appx 12" lower than the starboard side tab. Usually there is a very small difference in the height of the tabs (for this boat), but to look at it out of the water, even...
Forum: General Boating Discussion
09-03-2009, 12:17 PM
Replies: 12
Views: 2,733
Posted By hooky40

Unfortunately, i don't have a pic of it. It's...

Unfortunately, i don't have a pic of it. It's over a Pfaff's shop and they are researching why they would be off by so much. If i get a chance to run over there, then i'll take some.
Forum: General Boating Discussion
09-03-2009, 12:06 PM
Replies: 12
Views: 2,733
Posted By hooky40

Strange problem with my boat, please HELP!

Hey everyone,

I have a 27' Rayson Craft hull that i just put a new engine in and has an XR drive with large standoff box (drive has maybe 2 hours on it). We water tested it yesterday and...
Forum: General Boating Discussion
08-26-2009, 07:21 PM
Replies: 177
Views: 35,454
Posted By hooky40

...and I'm sure those private equity guys won't...

...and I'm sure those private equity guys won't mind the $60,000,000 debt on the books....

Mr Fountain won't own Fountain anymore, but I hear he has a really lavish house still, if they do find a...
Forum: General Boating Discussion
08-26-2009, 06:17 PM
Replies: 19
Views: 2,837
Posted By hooky40

Because there are major deals to be had on new...

Because there are major deals to be had on new boats as well as used ones.
Forum: General Boating Discussion
08-26-2009, 03:01 PM
Replies: 177
Views: 35,454
Posted By hooky40

I totally agree. Why would someone come in and...

I totally agree. Why would someone come in and buy all the current inventory? The banks/lenders are about to own it and liquidate it at some point. Then it comes off the books and then a buyer...
Forum: General Boating Discussion
08-25-2009, 11:36 PM
Replies: 177
Views: 35,454
Posted By hooky40

This is the funniest and truest post that i have...

This is the funniest and truest post that i have ever read. Easily the best in my short time here.
Forum: General Boating Discussion
08-25-2009, 08:44 PM
Replies: 177
Views: 35,454
Posted By hooky40

The "cram down" is entirely possible, but if that...

The "cram down" is entirely possible, but if that happens the company surely won't be kept as a whole, it will be split up and each brand will try to be sold to another builder. I'm sure there...
Forum: General Boating Discussion
08-25-2009, 08:17 PM
Replies: 62
Views: 11,186
Posted By hooky40

Dude, it's a forum...for discussion...and no one...

Dude, it's a forum...for discussion...and no one is forcing you to read that thread.
Forum: General Boating Discussion
08-25-2009, 06:31 PM
Replies: 177
Views: 35,454
Posted By hooky40

http://www.reuters.com/article/mergersNews/idUSN25...

http://www.reuters.com/article/mergersNews/idUSN2520606020090825

http://www.tradeonlytoday.com/home/499473-documents-reveal-fountain-assets

Well, at least the picture is a lil clearer now...
...
Forum: General Boating Discussion
08-25-2009, 02:20 PM
Replies: 15
Views: 2,234
Posted By hooky40

Thanks, i'm hoping that this set up lasts a long...

Thanks, i'm hoping that this set up lasts a long time, so I'll definitely break her in easy.
Forum: General Boating Discussion
08-25-2009, 01:30 PM
Replies: 15
Views: 2,234
Posted By hooky40

I'm hoping it will be up and running by the...

I'm hoping it will be up and running by the weekend, but if history has taught me anything, it's never gonna be ready by the weekend, unless they crank it out all week. Still has to be water tested...
Forum: General Boating Discussion
08-25-2009, 01:17 PM
Replies: 177
Views: 35,454
Posted By hooky40

Actually, they may be the closest to the...

Actually, they may be the closest to the situation, but they probably are being promised that everything will be ok and help is on the way....

I'm sure they are being lied to or promised things...
Forum: General Boating Discussion
08-25-2009, 01:09 PM
Replies: 177
Views: 35,454
Posted By hooky40

I can see an ultra wealthy individual coming in...

I can see an ultra wealthy individual coming in and trying to save the brand, but I also bet that this person didn't become ultra wealthy by making bad business deals. The only way it would make...
Forum: General Boating Discussion
08-24-2009, 10:04 PM
Replies: 177
Views: 35,454
Posted By hooky40

You are correct, however, after taking a quick...

You are correct, however, after taking a quick look at their financials, they are bleeding cash and have maxed out debt. The companies "assets" are tied to making good on the loans to acquire their...
Forum: General Boating Discussion
08-24-2009, 08:34 PM
Replies: 19
Views: 2,837
Posted By hooky40

My brother, who doesn't post on this board,...

My brother, who doesn't post on this board, bought a new 28' 2008 Magic Deckboat. They got liquidated and the hulls are pretty cheap and are very nice for the most part. He paid $36k for a brand...
Forum: General Boating Discussion
08-24-2009, 08:25 PM
Replies: 177
Views: 35,454
Posted By hooky40

"For the three and six months ended December 31,...

"For the three and six months ended December 31, 2008, the Company’s other comprehensive losses were $412,678 and $421,322, respectively. These amounts, together with net income or loss during the...
Forum: General Boating Discussion
08-24-2009, 06:56 PM
Replies: 177
Views: 35,454
Posted By hooky40

I'm not going to pretend that i know anything...

I'm not going to pretend that i know anything about the company's finances, but "just running out of cash" means he can't pay bills or get financing, therefore liquidation could and most likely will...
Forum: General Boating Discussion
08-24-2009, 05:46 PM
Replies: 25
Views: 4,841
Posted By hooky40

This may sound like a stupid question, but at...

This may sound like a stupid question, but at what speed and up should everyone in the boat be wearing a life jacket (not a family day on the boat, talking about opening it up)?
Showing results 1 to 25 of 34
 
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