I'd buy in a heartbeat as well - But, from their (Elecraft's) standpoint: Why would they want to dilute their ownership and make themselves subject to all of the additional scrutiny and hassles that go with being a public company?
And, why would we (customers) want them to potentially screw up a good thing? Clay N7QNM > Count me in on a stock purchase... > > 73 > > Gene K1NR > K2 6K > > On Wed, 01 Dec 2010 22:42:57 -0800 > eric manning <[email protected]> wrote: >> Eric >> You've convinced me! When is the stock offering - so I >> can buy some Elecraft Shares? >> [I've been selling Elecraft radios for free and I'd like >> to cash in, to get paid for it. >> Owning the stock would do the trick. >> Please? ] >> >> Eric Manning >> VA7DZ >> >> >> Eric Swartz said: >> >> We are well past working from our basements.:-) >> >> A few data points: >> >> 1. Since shipping our first K2 from Aptos in January of >> 1999, Elecraft >> has grown into a healthy multi-million dollar high-tech >> company with a >> broad product line. We have -zero- debt, own all of our >> inventory, and >> have a healthy, and very stable, balance sheet. We build >> our products >> here in California, just outside of Silicon Valley. We >> are structured to >> be here for a long time, and certainly longer than most >> hams keep a >> particular rig. We want Elecraft to outlast both of us. >> >> 3. How did we do that? Elecraft designs great, high >> value, products that >> are fun to use. And our products, like the K3, continue >> to improve and >> get new features even -after- you buy them. We run a >> stable and tight >> financial ship - carefully trading off an internally >> financed growth >> rate versus risk and cash needs. We work hard. We hire >> great people who >> continually amaze us with their intelligence, creativity >> and work >> ethic. Our customer support team is one of the best. And >> we enjoy our work. >> >> 4. We also carefully listen to, and interact with, our >> customers daily. >> We are focused on being the most responsive, and fun, ham >> radio company >> to buy from - period. >> >> 5. Wayne and I are both healthy guys - a very long way >> from retirement. >> We are having a great time bulding and running Elecraft, >> and plan to do >> so for some time. But we are not the only people who >> continue to make >> Elecraft successful. >> >> 6. Our well staffed engineering design team is diverse >> and strong. I'd >> wager that it is as large as, or larger, than many HF rig >> design teams >> at our competitors. We are well past two guys doing all >> of the design in >> our basement labs. Our engineering, support, >> manufacturing and >> management people are top notch, with a lot of depth. We >> have a great >> team and plan to keep building it for the long haul. >> >> 7. We haven't been a 'QRP Only Company' for some time. >> Yes, in 1999 we >> first targeted at the QRP market since it was tightly >> focused, easily >> marketed to, and was our fastest path to a first product. >> Its still a >> great market, too. But we always planned to also offer >> 100W >> high-performance rigs, both kit and factory assembled, to >> compete >> against the best HF rigs from other QRO manufacturers. >> That's the major >> part of the market. I think you can agree we have more >> than succeeded in >> that area with the K2 and now the K3. >> >> The majority of our rigs go out the door at 100W. We are >> continually >> designing a diverse product line, ranging from QRP to >> QRO. The KPA500, >> now going into field test, is definitely -not- QRP;-) >> But stay tuned >> for more QRP offerings too! >> >> 9. Most important, we have incredibly enthusiastic and >> supportive >> customers. You make it fun for us! By telling your >> friends about >> Elecraft, the K3, and our other products, you keep us in >> business every >> day. >> >> You are our best salespeople. The more you >> enthusiastically tell your >> friends about our products, in person and on the air, the >> more new >> products we can design and sell. In today's economic >> environment, more >> than ever, this is incredibly important to us. Please - >> keep up the >> great work. We really appreciate it! >> >> 73, Eric WA6HHQ >> >> www.elecraft.com >> >> >> -- >> This message has been scanned for viruses and >> dangerous content by MailScanner, and is >> believed to be clean. >> >> > ______________________________________________________________ >> Elecraft mailing list >> Home: http://mailman.qth.net/mailman/listinfo/elecraft >> Help: http://mailman.qth.net/mmfaq.htm >> Post: mailto:[email protected] >> >> This list hosted by: http://www.qsl.net >> Please help support this email list: >> http://www.qsl.net/donate.html > > --------------------------------------------------------------------- > Web mail provided by NuNet, Inc. The Premier National provider. > http://www.nni.com/ > ______________________________________________________________ > Elecraft mailing list > Home: http://mailman.qth.net/mailman/listinfo/elecraft > Help: http://mailman.qth.net/mmfaq.htm > Post: mailto:[email protected] > > This list hosted by: http://www.qsl.net > Please help support this email list: http://www.qsl.net/donate.html > > ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[email protected] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html
