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Originally Posted by pitor
Don't cry yet. They may very well put out a superior quality product. They'll bid and win government contracts at a low premium due to who they are. Hopefully they'll be as savvy in producing quality firearms as they are business men.
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There is NO WAY they can put out a higher quality firearm at a competitive price. Colt is bogged down in union wages and oncoming union scale pensions. Their overhead is too high a percentage of their earning potential. They pissed on the American consumer for years, relying on government contracts. When they lost the last contract their finances crumbled and American consumers turned to other firearms. Without government contracts Colt is a dead company. Read the forums, the basic take is F*ck Colt. The Native Americans will get contracts by who they are, not by a better product. Hell, it might pay to dump money on their stock until a week after they sign the first contract. Then sell the stock and buy some Springfield guns.
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CBOB0716
"The most basic right that we have emanates from our Creator and it is that unalienable right to life. We stand firmly on the principle that from conception until the last breath is drawn, life is sacred.”
Political Correctness is a doctrine, recently fostered by a delusional, illogical minority and promoted by a sick mainstream media, which holds forth the proposition that it is entirely possible to pick up a piece of shit by the clean end!
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