> From: "bob boone" <[EMAIL PROTECTED]>
> Sent: Wednesday, October 16, 2002 3:08 PM
>
> > This is the time of the year when they start unloading stuff that will
not
> > be around next year...
----- Original Message -----
From: Steve "Cub" Culbreth <[EMAIL PROTECTED]>
Sent: Wednesday, October 16, 2002 9:59 PM
> I understand, but they have dumped some of what I considered their best
> products.
That's consistent with having already dumped some of their best people (at
least on the custom/component side of the house).
I'm just guessing, but here's my pessimistic scenario:
Golfsmith has gotten to the point with their stores plus mail-order
business that they are a (perhaps THE) major retailer of golf goods. The
component business is probably dwarfed by their OEM business -- and maybe by
any other of their lines: clothing, training, etc.
THAT, not their dominance as the largest component supplier, is probably
what made them a takeover target. The new owners probably couldn't be less
interested in the component business. The owners are letting Carl and Frank
stick around and try to prove that it can be a money-maker, but they won't
get much help or support. And the "major overhaul" of the component line for
next year? I predict a major downsizing. And if the profit levels for that
line of business aren't at least up to the other lines, it will be gone
soon.
I hope I'm wrong.
DaveT
