This article focuses on handgun sales, but international and government sales hinge on long guns. It hints that falling ammo sales are hurting S&W, but S&W doesn't make ammo. And it doesn't talk about how Ruger focuses on its core business and meets buyer demand with the New Vaquero models, the Hawkeye, and various concealable handguns, while S&W is trying to run Walther, TC, and ignoring (until recently) buyer complaints about the IL.
FCPA investigations may be a problem, but the writer seems unaware of what's really happening in the marketplace.
Okie John
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