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#1
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HK wrote:
Capt John wrote: On Nov 3, 6:29 pm, HK wrote: Just read that Albemarle was bought out by Brunswick. Another famous line goes in the crapper. Cabo was sold last year. Sad to see the independents disappearing, since they build the best boats. I can't say I blame them, with the price of fuel, the future is very cloudy. Powerboating was very much a middle class activity. Sure, the really big boats are owned by the wealthy, but the vast majority of boat owners are middle class. Crazy fuel prices are starting to push the middle class out of boating. If I owned a business that was very much dependant on middle class incomes. And the business started to change, pushing the operating cost of my product beyond that which my customer base can afford, driving increasing numbers of those customers away. And someone came along and offered me a good price for that business, I'd probably take the money and run. John Oh, I don't *blame* Albemarle for selling out, but the likelihood is that the product that emerges in the years to come will no longer be an "Albemarle." It'll be the product of the MBAs and accountants, and therefore the probability is, it will be crap, because that is what MBAs and accountants produce. Some decades ago, an ad and pr company I worked for had a client that, at that time, was the largest and most successful FHA-VA mortgage banker in the country. We liked the company and its management a lot, so much so that the owner of the company and I (I was the chief account exec and writer) bought some stock. It was traded O-T-C at the time, for about $4.00 a share. Lo and behold, a giant NY-based financial institution offer the founders $35 a share for the stock. Too good an offer to turn down. We all cashed in to the limits of our holdings, of course. I made a few bucks and was happy to do so. Well, the new owners simply didn't understand the market for the acquisition and in a few years, it sold the company off to someone else, after most of its value (which was mainly in good will and very competent staff in about 20 U.S. markets). The company disappeared, along with the service it had provided. The big institution's MBAs turned the mortgage company into crap. The family that started the mortgage company, the guys who cashed out, stayed active in business. A large regional bank in our market was about to be shut down by the FDIC, and the guys, over the course of ONE weekend, put together enough cash to take over the bank with the FDIC's blessing. Bank opened Monday with a new name and new management. No MBAs involved. Hatteras no longer is a premier manufacturer of top-end sportfishing boats. Cabo no longer has its edge. Albemarle is going to become just another nameplate. Sad to see, whatever the reasons. Who is the premier mfg'er of top-end sportfishing boats who has retained it's edge. |
#2
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posted to rec.boats
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Reginald P. Smithers III wrote:
HK wrote: Capt John wrote: On Nov 3, 6:29 pm, HK wrote: Just read that Albemarle was bought out by Brunswick. Another famous line goes in the crapper. Cabo was sold last year. Sad to see the independents disappearing, since they build the best boats. I can't say I blame them, with the price of fuel, the future is very cloudy. Powerboating was very much a middle class activity. Sure, the really big boats are owned by the wealthy, but the vast majority of boat owners are middle class. Crazy fuel prices are starting to push the middle class out of boating. If I owned a business that was very much dependant on middle class incomes. And the business started to change, pushing the operating cost of my product beyond that which my customer base can afford, driving increasing numbers of those customers away. And someone came along and offered me a good price for that business, I'd probably take the money and run. John Oh, I don't *blame* Albemarle for selling out, but the likelihood is that the product that emerges in the years to come will no longer be an "Albemarle." It'll be the product of the MBAs and accountants, and therefore the probability is, it will be crap, because that is what MBAs and accountants produce. Some decades ago, an ad and pr company I worked for had a client that, at that time, was the largest and most successful FHA-VA mortgage banker in the country. We liked the company and its management a lot, so much so that the owner of the company and I (I was the chief account exec and writer) bought some stock. It was traded O-T-C at the time, for about $4.00 a share. Lo and behold, a giant NY-based financial institution offer the founders $35 a share for the stock. Too good an offer to turn down. We all cashed in to the limits of our holdings, of course. I made a few bucks and was happy to do so. Well, the new owners simply didn't understand the market for the acquisition and in a few years, it sold the company off to someone else, after most of its value (which was mainly in good will and very competent staff in about 20 U.S. markets). The company disappeared, along with the service it had provided. The big institution's MBAs turned the mortgage company into crap. The family that started the mortgage company, the guys who cashed out, stayed active in business. A large regional bank in our market was about to be shut down by the FDIC, and the guys, over the course of ONE weekend, put together enough cash to take over the bank with the FDIC's blessing. Bank opened Monday with a new name and new management. No MBAs involved. Hatteras no longer is a premier manufacturer of top-end sportfishing boats. Cabo no longer has its edge. Albemarle is going to become just another nameplate. Sad to see, whatever the reasons. Who is the premier mfg'er of top-end sportfishing boats who has retained it's edge. There are top-end sportfishing boats in just about every size category. If I were in the market for a large Atlantic Ocean "battlewagon," though, I'd be visiting the independent Carolina builders. There are some builders in the Maritime Provinces of Canada who build some really serious fishing boats. |
#3
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posted to rec.boats
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HK wrote:
Hatteras no longer is a premier manufacturer of top-end sportfishing boats. Cabo no longer has its edge. Albemarle is going to become just another nameplate. Sad to see, whatever the reasons. Who is the premier mfg'er of top-end sportfishing boats who has retained it's edge. There are top-end sportfishing boats in just about every size category. If I were in the market for a large Atlantic Ocean "battlewagon," though, I'd be visiting the independent Carolina builders. There are some builders in the Maritime Provinces of Canada who build some really serious fishing boats. Are these custom boats or do they have a model line up of different size sportfishing boats that one can see online or at a boat show? The reason I ask is I normally think custom boats are more expensive than similar boats using an existing mold and design. |
#4
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posted to rec.boats
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Reginald P. Smithers III wrote:
HK wrote: Hatteras no longer is a premier manufacturer of top-end sportfishing boats. Cabo no longer has its edge. Albemarle is going to become just another nameplate. Sad to see, whatever the reasons. Who is the premier mfg'er of top-end sportfishing boats who has retained it's edge. There are top-end sportfishing boats in just about every size category. If I were in the market for a large Atlantic Ocean "battlewagon," though, I'd be visiting the independent Carolina builders. There are some builders in the Maritime Provinces of Canada who build some really serious fishing boats. Are these custom boats or do they have a model line up of different size sportfishing boats that one can see online or at a boat show? The reason I ask is I normally think custom boats are more expensive than similar boats using an existing mold and design. In the larger sizes, most of the boats are pretty much custom even if an existing mold is used or stretched or modified. And not all the boats come out of molds. There's a relatively new builder of larger custom glass boats...Mirage something or other. Forty to 60 footers, with Bertram-like hulls in their lineage. Lots of custom features, very nice. There's a fellow on a boat discussion board who is having one built for him, and he's posted a zillion good photos. I'd have to say they are the best looking (from photos, anyway) glass battlewagons I have seen lately. Most of the custom builders will have a lineup at the Miami show. Their customers are glad to help them, so you'll see several owner boats included at the show. If you are a serious fisherman, you cannot evaluate a boat by seeing its photos or specs on line. Even on a bitty boat like my new Parker, showroom visits alone were not enough, at least not for me. I got the dealer to arrange a "demo" with a customer who bought the identical hull and engine combo a year earlier, and from that demo I concluded I did not want the forward vee-seating he opted for. Fortunately, Parker is a manufacturer who, within reason, will semi-custom its stock boats to some degree. |
#5
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posted to rec.boats
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HK wrote:
Reginald P. Smithers III wrote: HK wrote: Hatteras no longer is a premier manufacturer of top-end sportfishing boats. Cabo no longer has its edge. Albemarle is going to become just another nameplate. Sad to see, whatever the reasons. Who is the premier mfg'er of top-end sportfishing boats who has retained it's edge. There are top-end sportfishing boats in just about every size category. If I were in the market for a large Atlantic Ocean "battlewagon," though, I'd be visiting the independent Carolina builders. There are some builders in the Maritime Provinces of Canada who build some really serious fishing boats. Are these custom boats or do they have a model line up of different size sportfishing boats that one can see online or at a boat show? The reason I ask is I normally think custom boats are more expensive than similar boats using an existing mold and design. In the larger sizes, most of the boats are pretty much custom even if an existing mold is used or stretched or modified. And not all the boats come out of molds. There's a relatively new builder of larger custom glass boats...Mirage something or other. Forty to 60 footers, with Bertram-like hulls in their lineage. Lots of custom features, very nice. There's a fellow on a boat discussion board who is having one built for him, and he's posted a zillion good photos. I'd have to say they are the best looking (from photos, anyway) glass battlewagons I have seen lately. Most of the custom builders will have a lineup at the Miami show. Their customers are glad to help them, so you'll see several owner boats included at the show. If you are a serious fisherman, you cannot evaluate a boat by seeing its photos or specs on line. Even on a bitty boat like my new Parker, showroom visits alone were not enough, at least not for me. I got the dealer to arrange a "demo" with a customer who bought the identical hull and engine combo a year earlier, and from that demo I concluded I did not want the forward vee-seating he opted for. Fortunately, Parker is a manufacturer who, within reason, will semi-custom its stock boats to some degree. I have always purchased a boat from a dealer who had the boats already in the water for a demo or they could easily get them to the water for a test ride. I thought it was normal for a test ride until I heard Chuck and others talking about not having a test ride until your signature was on the contract. I never asked for a test ride, unless I was seriously considering the boat, but whenever i asked it for a demo, was never a big deal. |
#6
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posted to rec.boats
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Reginald P. Smithers III wrote:
HK wrote: Reginald P. Smithers III wrote: HK wrote: Hatteras no longer is a premier manufacturer of top-end sportfishing boats. Cabo no longer has its edge. Albemarle is going to become just another nameplate. Sad to see, whatever the reasons. Who is the premier mfg'er of top-end sportfishing boats who has retained it's edge. There are top-end sportfishing boats in just about every size category. If I were in the market for a large Atlantic Ocean "battlewagon," though, I'd be visiting the independent Carolina builders. There are some builders in the Maritime Provinces of Canada who build some really serious fishing boats. Are these custom boats or do they have a model line up of different size sportfishing boats that one can see online or at a boat show? The reason I ask is I normally think custom boats are more expensive than similar boats using an existing mold and design. In the larger sizes, most of the boats are pretty much custom even if an existing mold is used or stretched or modified. And not all the boats come out of molds. There's a relatively new builder of larger custom glass boats...Mirage something or other. Forty to 60 footers, with Bertram-like hulls in their lineage. Lots of custom features, very nice. There's a fellow on a boat discussion board who is having one built for him, and he's posted a zillion good photos. I'd have to say they are the best looking (from photos, anyway) glass battlewagons I have seen lately. Most of the custom builders will have a lineup at the Miami show. Their customers are glad to help them, so you'll see several owner boats included at the show. If you are a serious fisherman, you cannot evaluate a boat by seeing its photos or specs on line. Even on a bitty boat like my new Parker, showroom visits alone were not enough, at least not for me. I got the dealer to arrange a "demo" with a customer who bought the identical hull and engine combo a year earlier, and from that demo I concluded I did not want the forward vee-seating he opted for. Fortunately, Parker is a manufacturer who, within reason, will semi-custom its stock boats to some degree. I have always purchased a boat from a dealer who had the boats already in the water for a demo or they could easily get them to the water for a test ride. I thought it was normal for a test ride until I heard Chuck and others talking about not having a test ride until your signature was on the contract. I never asked for a test ride, unless I was seriously considering the boat, but whenever i asked it for a demo, was never a big deal. Well, it may be a problem on "broker" boats, but I've never had a problem arranging a demo on a new boat. Even with the one I just boat, the dealer did not have one in stock, but made a call and arranged a ride with an owner. Even better, because the boat was a season old and I could see how it was doing. |
#7
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On Mon, 05 Nov 2007 13:45:29 -0500, "Reginald P. Smithers III"
wrote: I have always purchased a boat from a dealer who had the boats already in the water for a demo or they could easily get them to the water for a test ride. I thought it was normal for a test ride until I heard Chuck and others talking about not having a test ride until your signature was on the contract. The dealers would like it that way of course but if they are hungry for business will be glad to take you out for a quick spin as long as they think you're a good prospect. It's important to look and act the part if you want attention from a dealer. They have no interest in wasting time on tire kickers or joy riders so they develop skill at screening customers, just like the real estate folks. |
#8
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On Mon, 05 Nov 2007 13:18:44 -0500, "Reginald P. Smithers III"
wrote: Are these custom boats or do they have a model line up of different size sportfishing boats that one can see online or at a boat show? The reason I ask is I normally think custom boats are more expensive than similar boats using an existing mold and design. You generally start out by hiring a naval architect/designer. After they come up with a design you like, they will typically help you find a builder. It's a bit like contracting for a custom house. |
#9
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On Mon, 05 Nov 2007 17:19:24 -0500, Wayne.B
wrote: On Mon, 05 Nov 2007 13:18:44 -0500, "Reginald P. Smithers III" wrote: Are these custom boats or do they have a model line up of different size sportfishing boats that one can see online or at a boat show? The reason I ask is I normally think custom boats are more expensive than similar boats using an existing mold and design. You generally start out by hiring a naval architect/designer. After they come up with a design you like, they will typically help you find a builder. It's a bit like contracting for a custom house. I was just reading an article about this - can't remember where. It involved a custom builder in LA. What was interesting is that these boats are spec'd out and almost always sold to another party other than the original client even before they are built. Apparently for more money than the boats originally cost. |
#10
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On Mon, 05 Nov 2007 13:01:33 -0500, HK wrote:
There are top-end sportfishing boats in just about every size category. If I were in the market for a large Atlantic Ocean "battlewagon," though, I'd be visiting the independent Carolina builders. You bet. There are a number of very high quality custom sportfish being built just a few miles south of us in Wanchese, NC. These guys have a lot of experience and build a top notch product at a very high end price. You'd never suspect it just driving down the road looking at the nondescript building sheds. |
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