S&W getting rid of internal lock?

[WildCard ZX6R]

S&W is coming out just fine & will most likely continue to sell the new lock-equipped guns well into the forseeable future.
The bottom line is $, and they're gettin' 'em.

Tell that to the shareholders ...

 

[500 Magnum Nut]

Rich,
It's not a simple thing to do.
Denis

Omitting a hole is easier than adding a hole. Omitting additional milling on the inside of the frame is also much easier than adding additional steps.
The prelock prints are available. Their molds are already made, possibly stored.

They still make a profit, so they won't change the lock anytime soon.

 

[Dpris]

We can dissect the details for quite a while, but my main point is that it's no longer a matter of one man on one milling machine simply omitting one hole "drilled" in the frame, on the production floor in the middle of ten or twenty other skilled machinists.

Denis

 

[bk43]

Wildcard, the market in general has been a real rollercoaster the last few years. Sadly, my IRA has been a seemingly too willing participant. So that's one factor.

When it comes to SWHC, however, there is another factor at work. The process of transitoning from the closely held Saf-T-Hammer to what S&W is today, over the last roughly seven years, has involved a lot of money. Whether it was stock options, warrants or just plain stock, when these big blocks exercised/redeemed/traded they could cause gyrations in the stock price. That is a lot of what your graph(great job BTW) shows.

Bob

 

[davemercer]

Based on age I might be or am approaching old fossil status. However, I realize that in selecting a fighting weapon to permit me to continue receiving govt benefits, the semi auto often with the dreaded polymer is hard to beat. My only revolver "weapons" are the J frame 442 and 642 and I just got more without locks.

That said I like revolver for play and maybe a walk in the park. But beyond the Jframe, revolvers are not essential to my arsenal. Therefore, I can be selective and get what I want. So I keep my old revolvers with forged parts and No locks and go to gunshops to find more of the "old stuff". But if Smith would go back to its old standards I might buy some new revolvers.

And I don't think I am part of a small and insignificant demographic. A lot of disposal income is available in my age group and yes we are picky, but will spend.

 

[jframe]

I always said that I didn't want a Smith with a built in lock, but now that a fellow Forum member has "The Plug" available, I might have to reconsider that option in the future.

 

[WildCard ZX6R]

Wildcard, the market in general has been a real rollercoaster the last few years. Sadly, my IRA has been a seemingly too willing participant. So that's one factor.

When it comes to SWHC, however, there is another factor at work. The process of transitoning from the closely held Saf-T-Hammer to what S&W is today, over the last roughly seven years, has involved a lot of money. Whether it was stock options, warrants or just plain stock, when these big blocks exercised/redeemed/traded they could cause gyrations in the stock price. That is a lot of what your graph(great job BTW) shows.

Bob

Or S&W lying about actual sales and inventorys ....

The complaint alleges that, during the Class Period, defendants issued
statements concerning the Company's performance and prospects. The complaint
alleges that these statements were materially false and misleading because
they failed to disclose and misrepresented the following material adverse facts
which were known to Defendants or recklessly disregarded by them: (i) that the
market for various lines of the Company's gun products was saturated with
inventory
which was causing customers to reduce orders and postpone purchases; (ii)
that the Company's reported sales figures did not represent true growth for the
Company's products but rather were simply inventory stocking transactions and
as customer inventory levels increased, the Company's sales would suffer; and
(iii)
based on the foregoing, Defendants lacked a reasonable basis for their positive
statements about the Company, its earnings and prospects.

Law Offices of Marc S. Henzel Announces Class Action Lawsuit Against Smith & Wesson Holding Corp. | Reuters

As far as i can tell, the suit is still pending.

 

[Gun 4 Fun]

Wow! This is really informative, and I appreciate all of the imput, but all I really asked, was had anyone read the article in question in the March/April issue of American Handgunner. I just wanted to know if it really existed or not.

 

[bk43]

Or S&W lying about actual sales and inventorys ....

As far as i can tell, the suit is still pending.

Sorry I confused you with the facts. That law firm specializes in corporate ambulance chasing. Their suits have had no effect on SWHC or have they on any other firm they file against. Nuisance litigation is part of doing business in today's world.

Gun4fun...sorry. I'm outa' here.

Bob

 

[500 Magnum Nut]

I always said that I didn't want a Smith with a built in lock, but now that a fellow Forum member has "The Plug" available, I might have to reconsider that option in the future.

With his design, the lock parts are still in the gun. So the lock is fine as long as you don't "see" the crapola.
I remove all the junk.

http://smith-wessonforum.com/s-w-smithing/101349-remove-lock.html

 

[WildCard ZX6R]

Sorry I confused you with the facts. That law firm specializes in corporate ambulance chasing. Their suits have had no effect on SWHC or have they on any other firm they file against. Nuisance litigation is part of doing business in today's world.

Gun4fun...sorry. I'm outa' here.

Bob

Didn't confuse me. Maybe you confuse malicious intent with curious speculation ? Either way, sorry if i came across as hostile.

 

[Beemerguy53]

....no manufacturer in their right mind is going to discontinue a "safety device". They might as well hoist a flag to the lawyers saying "sue me". Sad but true in our litigious society, which is personified by that moral stalwart John Edwards.
The number of reasons why they would not discontinue the lock is quite long, and simply cannot be overcome by a quite small number of folks (like me) who simply will not buy a "locker" because it looks awful and is an insult to our intelligence.
The company that now owns S&W brought us the lock (although it probably would have come anyway, but maybe is a less obnoxious form), and the liberals and lawyers are seeing to it that we will always have it.
OK, EOR (end of rant).

You took the words right out of my mouth! Thanks!

 

[bk43]

Didn't confuse me. Maybe you confuse malicious intent with curious speculation ? Either way, sorry if i came across as hostile.

I did take your post wrong...my bad. I'm back on the meds today so all's well.

Bob

 

[ladder13]

I did take your post wrong...my bad. I'm back on the meds today so all's well.

Bob

I've done that far too many times to admit.....take posts wrong that is. You're a good man Bob, to admit as much.
As Jules said in Pulp Fiction..."I'm trying hard".

 

[frogger]

I am not so delusional as to think S&W will ever get rid of the IL. I would like to think that they will see that their current design is faulty and at least redesign it. Maybe something like Ruger is moving to under the grip that isn't activated by recoil.

 

[500 Magnum Nut]

I am not so delusional as to think S&W will ever get rid of the ILQUOTE]

When I was a kid my mom was afraid of guns. I had a padlock that I would loop behind the trigger and this tied up the gun so it was safe in the house. She was happy!!! All S&W needs to do is have people practice proper storage and handling procedures. It's not hard to make a learning video and have a link on the web.

 

[peyton]

Not to kick this any worse, Taurus has a lock system, does it have equal failures? I am asking just on the mechanical aspect, I see they use a key on the rear of the hammer. I own 20 S&W's, 2 with a lock. My son bought a 332 (first one purchased), the gunshop he bought it from did not even mention what THE KEYS WERE FOR!!! he bought it while I was in Iraq and I asked him if he tried to lock it. Silence from the other end of the phone line, "Dad what the H@ll are you talking about??

 

[shawn mccarver]

My goodness this thread is getting old. If I had to choose only one, I truly believe I prefer this thread to come to an end rather than the IL on the S&W revolver.

 

[18DAI]

If this thread upsets you so, why do you keep posting in it?

 

[cmort666]

If this thread upsets you so, why do you keep posting in it?

I remember back in the '60s when film critic Judith Crist would review the first commercial adult movies. Her reviews were dripping with loathing and disgust. Strangely, I don't EVER recall her walking out before the end of the movie...