BigboyDan
Guest
As you may know Head stock (Mares/Dacor) has been around US$3.70 per share for quite a while now... and they're selling lots of tennis racquets. On March 22, Johnson Outdoors stock holders will vote on whether to accept the US$87million buy-out by Johnson & Sons. Both companies cite slowing dive equipment sales over the last five years...
Does the above make any comment on the state of recreational diving, or are the problems of the companies mentioned part of the "natural selection process" of competing with newer, more aggressive, and inovative dive equipment manufacturers (such as yourself)? Obviously point of sale (internet) is changing everything, especially for those companies wishing to keep the LDS affiliated model; but has there been an total industry decline in equipment sales? If so, is that due to static diver growth, or is the equipment offered so good (over-all) that new purchaces for high-end equipment aren't made as often? I mean, if all we have to offer is the reissued/marketed forty-year old BP/W system and tech accessories... well, good luck.
Any thoughts?
Does the above make any comment on the state of recreational diving, or are the problems of the companies mentioned part of the "natural selection process" of competing with newer, more aggressive, and inovative dive equipment manufacturers (such as yourself)? Obviously point of sale (internet) is changing everything, especially for those companies wishing to keep the LDS affiliated model; but has there been an total industry decline in equipment sales? If so, is that due to static diver growth, or is the equipment offered so good (over-all) that new purchaces for high-end equipment aren't made as often? I mean, if all we have to offer is the reissued/marketed forty-year old BP/W system and tech accessories... well, good luck.
Any thoughts?