Gogarty wrote in
:

No. At the time, the dollar price of a new Maramu was $500,000. Then
the dollar went into decline. I suspect the Maramu would have held its
value better than the stock market has. Sort of like the woman
mentioned in the NY Times the other day who opined she would have been
better off buying Hermes scarves than Sirius stock.



You're just talking about new price, right? NO BOAT holds its price more
than 50 milliseconds after you lift the pen at the end of your
signature....at which point it becomes a used boat worth about half....

.....or worse.

Open Google Earth and go to:

La Rochelle
Z.I , rue Joseph Cugnot, BP 15
17182 Périgny cedex

put in La Rochelle, France. Look for the massive OTHER boatyards, which
are across the street from the tiny Amel plant, about. Look close and
you'll see a couple of maramus in the test tank behind the building last
time I looked.

I think the massive lot full of boats across the street is Beneteau.