Fender withdraws IPO

[Colo Springs E]

http://money.msn.com/top-stocks/post...c-22a74862b9e7

[johnnytuinals]

Better buy your American telecasters and strats soon.
Yes they stoped their IPO buttttt I am sure in the near term they will
have another IPO soon.
Once there is a IPO the Guitars will go down hill from here,they will ship everything overseas,I am sure they will not get all the money owed to them from Guitar Centers?
Too me Fender is a sinking company,Less and Less people are buying guitars and the guitars they are buying are mostly Mexican.
I feel Fender will not be in Business by 2020 maybe alot sooner.
I am sure the folks are all Union members that work at Fender where
as Gibson don't have a Union....................JT

http://finance.fortune.cnn.com/2012/...ney_topstories

[getbent]

malarkey.

the story you quoted actually quoted an anonymous poster on an online forum? really?

Wow! that is some serious reportage! and it used a quote from George Gruhn from like 25 years ago!

When people who always think the sky is falling wake up in the morning and the sky has NOT fallen again, do they ever start to wonder if maybe they should rethink the whole fear thing?

[Bones]

"Tuinal (or Tuinol as it is sometimes colloquially misspelled) saw widespread use as a recreational drug from the 1960s through the 1980s. The pill was known colloquially under the street names "Christmas trees," "rainbows," "beans," and "jeebs." Like other barbiturate depressants, Tuinal promotes physical and psychological dependency and carries a high risk of overdose. Abuse of this particular drug tapered off after it was withdrawn from the market.
Tuinal is classified as a Schedule III drug under the Controlled Substances Act in the United States - it requires a prescription from a licensed practitioner."

[getbent]

best post ever Bones!

[johnnytuinals]

There are many storys about Fender lately(I would never buy the stock}
I guess companys that go public don't need money?and I guess Guitar Center don't owe
them anything?I guess Fender don't owe close towards $250 million?
I think Fender bought too many companys and got over their heads................JT

[Lunchie]

It makes a lot more sense to me that a company like fender go public then Facebook... don't get me wrong, the guys there are genius's found a way to make billions off of gossip and useless information.

I dont see there being a lot of cost cuts. They already have the Squier and Rogue lines. Fender has to keep the American line going because of simple fact that there would be many thousands of guitarists that would switch to Gibson before they would buy a foreign made guitar. I am not one of them, I am a firm believer of Japanese guitars .

[johnnytuinals]

Originally Posted by Bones

"Tuinal (or Tuinol as it is sometimes colloquially misspelled) saw widespread use as a recreational drug from the 1960s through the 1980s. The pill was known colloquially under the street names "Christmas trees," "rainbows," "beans," and "jeebs." Like other barbiturate depressants, Tuinal promotes physical and psychological dependency and carries a high risk of overdose. Abuse of this particular drug tapered off after it was withdrawn from the market.
Tuinal is classified as a Schedule III drug under the Controlled Substances Act in the United States - it requires a prescription from a licensed practitioner."

Hey Bones I don't tell you what drugs you should take lol
I used to love Tuinals ,and I think they still make them not like quaaludes
that were stoped in the mid 80s.......JT

[getbent]

companies carry debt as a part of doing business.

Fender is a brand that is known for quality and diversity and they have consistently grown their business since they became independent in the 80's.

Great companies go through good times and bad times financially and sometimes from a product standpoint. Fender's current products are as good as they have ever been and much better than in many years in their history.

The fact that there are significant economic challenges in the world have zero to do with Fender... but, those problems impact the company negatively (like a lot of businesses have been effected.)

When Fender stock becomes available (if it does) you are certainly welcome to not buy it. I have no idea which stocks you do currently hold, but each of us gets to pick what we hold and what we sell.

Fender has diversified its business and is probably actively seeking other ways to stabilize and grow their business... They've been up and they've been down, they know how to recover when times are tight (they have demonstrated that) they know how to reinvent and create and go to market with great products.

Their custom shop and their USA instruments are their most profitable products (in terms of margin) so, there is little chance that they would stop making them.

Fender is seeking new ways to improve and grow their business... they are not standing pat... this can be difficult for lay market watchers who, in part, because they are fender lovers, don't want change or new things... they want things to stay as they were...

So, some of the responses to change will be reactionary and fear driven... other people will look at the news and accept it for what it is... decision making for the benefit of the company based on market conditions and short, near term and long term predictions.

With Europe in its current state, it makes no sense to go to IPO and so they changed their mind.

As for the random 'union' comment... do your homework.

[djalt]

He did just fine spelling that pharmacuetical product...

[johnnytuinals]

I own many Fender Guitars (all americans from the early 60s too the 2011 and 2012 american standard telecatsers}
Too me Fender is like Chrysler
Chrysler had many owners and they still screwed up and you had
people still calling them Mopars when they were not.
Too me once they go Public you will have new owners that will think differant then we do or even if they sell to Bain the same thing will happen.Hope I am wrong...JT

[getbent]

I think Fender is not like Chrysler at all.

[Colo Springs E]

My hunch is that Fender is a well-run company... of course I could be wrong, given that I'm not part of it, in the inner workings. But they seem to respond pretty well to what their customers want, have a very wide variety of offerings, and make a good quality product at a fair price (all in my opinion of course). Not sure how or if things would change significantly going public... lots of public companies offer fine products and do things right.

Maybe we'll see at some point... but not now I guess!

[tele12]

Originally Posted by Colo Springs E

My hunch is that Fender is a well-run company... ......... But they seem to respond pretty well to what their customers want, .........!

Lately they seem to me to be a very poorly run company. Seems to me right around the time Bill Shultz died is when the company went downhill.

[paratus]

Originally Posted by johnnytuinals

Too me Fender is like Chrysler

Hi Johnny, I just don't see it....

Not one let alone two govt bailouts
No Chapter 11
No "partnerships" with the equivalent of Daimler
Take over by a foreign competitor (Fiat)

[chauncy]

I consider them more like GM..

[cowboytwang]

Originally Posted by johnnytuinals

Better buy your American telecasters and strats soon.
Yes they stoped their IPO buttttt I am sure in the near term they will
have another IPO soon.
Once there is a IPO the Guitars will go down hill from here,they will ship everything overseas,I am sure they will not get all the money owed to them from Guitar Centers?
Too me Fender is a sinking company,Less and Less people are buying guitars and the guitars they are buying are mostly Mexican.
I feel Fender will not be in Business by 2020 maybe alot sooner.
I am sure the folks are all Union members that work at Fender where
as Gibson don't have a Union....................JT

http://finance.fortune.cnn.com/2012/...ney_topstories

I'm not really one to come right out and disagree with a post, but I really disagree with this post.
The story you posted a link to is just a big piece of ****. They are trying to make a big deal that Fender sales are down the past four years, REALLY!
The housing market is down double digits for the past four years, the auto industry is down over 5% the past four years, overall consumer spending is down 3.8% the past four years, and they're trying to scare people because Fender sales are down 1.58% over the past four years????
In todays economy Fender is ahead of the game, and one of the strongest companies out there. They will be around long after all of us are gone.

[Colo Springs E]

Originally Posted by tele12

Lately they seem to me to be a very poorly run company. Seems to me right around the time Bill Shultz died is when the company went downhill.

What specifically leads you to feel this way?

[castpolymer]

I just spoke to a friend / business associate who said it appears American Standard is planning on moving a substantial part of their manufacturing back to America. He was actively putting together quotes on his particular products that they used in manufacturing when I spoke to him. Rising wages, lowered government subsidies and a general rise in the costs of doing business,are making companies take a long, hard look at the long term wisdom of manufacturing in China. With that said, I will likely buy Fender stock a few months after it is offered as a long term investment into a company who makes products that I love.

[cband7]

the best part of all that was the statement that they expected 'rock and roll fans' to snap up the stock without 'looking at the financials'.


man, somebody at Fender is on drugs no matter how it's spelled.....



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