Quote:
Originally posted by hitecrednek:
If they gave them away for free...I'd still turn it down. The lock is a constant reminder that S&W sold us out. I'd prefer a Glock.
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Oh, get over it already! S&W did not sell us out, the
British owners of S&W - Tompkins PLC - sold us out. It is now a different company.
And if YOU were one of the people who boycotted S&W products after the Clinton agreement,
you are partially to blame for the lock being on the current models.
Remember that the boycott did work. People started buying up
used guns instead of new ones. That forced the hand of Tompkins. Amid all the bad press they realized the sooner they liquidated S&W the less their loss would be. The buyer turned out to be Saf-T-Hammer, maker of the "zit", who put together a financed package to buy S&W (read: Heavily Leveraged).
When it was done, Saf-T-Hammer could now force their product into S&W guns. Over a decade earlier they'd approached S&W about offering it as optional and were rejected. Now they could "license" the S-T-H device to S&W and reap rewards for each sale.
But... in the meantime, STH has helped invest money in improving the S&W production lines with modern equipment, broadened the product line from what Tompkins PLC was producing and driven down a large debt load. This has allowed them to R&D the X-Frame, the new polymer guns and bring back some beloved classics like the Model 17, 18, 21 and 22.
All without the help of the "boycotters" and others who whine about "the lock". If you don't like the lock, then you are free to develop your own business plan, find investors, arrange for financing and make a bid to buy S&W from STH like any other corporate takeover.
And because it's a publicly traded company, you're free to buy shares of stocks and attend the meetings to ask questions or work with other shareholders to get rid of the zit.
Go ahead and whine about the "sell out" or the lock all you want. It will not make a bit of difference at this stage of the game.
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