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Post subject: If FMIC were publicly traded
Posted: Mon Jun 16, 2008 7:40 am
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If Fender were to ever sell out and become a publicly traded company would you buy some to say you owned a piece of Fender of would buy a lot of stock because it is a good investment?


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Posted: Mon Jun 16, 2008 7:44 am
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It depends on how the market is doing at the time they go public, what the price is, and what their projections are on the stock, or for starters thats what I would need to consider before buying it. I mean it would be cool to just say I own Fender stock, but that won't pay the bills if its not looking like its going to be worth the investment. However, I wouldn't worry about having to make this decision too soon, because I heard that one of the reasons why Fender hasn't gone public is because they would need to disclose information like total units produced and sold per year, and for some reason, they like to keep stuff like that a secret...

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Posted: Mon Jun 16, 2008 8:23 am
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bowlfreshener wrote:
.... because I heard that one of the reasons why Fender hasn't gone public is because they would need to disclose information like total units produced and sold per year, and for some reason, they like to keep stuff like that a secret...


It's because they don't want to make Gibson feel bad. :lol:


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Posted: Mon Jun 16, 2008 11:03 am
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Sandwich wrote:
bowlfreshener wrote:
.... because I heard that one of the reasons why Fender hasn't gone public is because they would need to disclose information like total units produced and sold per year, and for some reason, they like to keep stuff like that a secret...


It's because they don't want to make Gibson feel bad. :lol:


Now that is funny!


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Posted: Mon Jun 16, 2008 1:22 pm
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I say Fender should stay private as long as they can. They don't seem to need any cash, considering the number of companies they've purchased the last few years. Why subject yourself to all those SEC rules and regs? But, if they were to go public sure, I'd buy some shares.

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Posted: Tue Jun 17, 2008 6:28 am
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cryingstrat wrote:
I say Fender should stay private as long as they can. They don't seem to need any cash, considering the number of companies they've purchased the last few years. Why subject yourself to all those SEC rules and regs? But, if they were to go public sure, I'd buy some shares.


I probably didn't phrase that the best way. I would honestly prefer that Fender stay privately owned nobody knows the guitar business like the guitar makers and they shouldn't invite disaster that would come with independent board members and stock holders trying to move the company in a way they shouldn't go. I was just curious as to how many people would buy the stock as a novelty and how many would buy it as an investment.


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Posted: Tue Jun 17, 2008 10:14 am
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Yup, 'would buy some if it was public.


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Post subject: Public...
Posted: Tue Jun 17, 2008 11:07 am
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Yea, they would be great if a board of non-musicians dictated the direction of musical instruments. :wink:


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Posted: Tue Jun 17, 2008 5:04 pm
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Fender should contact Warren Buffett at Berkshire Hathaway immediately by sending him a letter. He buys businesses that have great brands and make plenty of money. Fender's an icon - and with these prices, Fender's got to be making plenty of cash. Then, Fender will have a rock-solid financial situation in the long, deep recession. Get on it Fender!

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Posted: Tue Jun 17, 2008 5:15 pm
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strat58cat wrote:
Fender should contact Warren Buffett at Berkshire Hathaway immediately by sending him a letter. He buys businesses that have great brands and make plenty of money. Fender's an icon - and with these prices, Fender's got to be making plenty of cash. Then, Fender will have a rock-solid financial situation in the long, deep recession. Get on it Fender!


What? Why on earth should Fender sell itself? Fender appears strong, continues to gobble up smaller companies, continues to come widen their product line....none of these things indicate a company that needs an infusion of cash. Need I remind you of the last time Fender was sold to a major corporation? I'm sure Fender will ride out the resession just fine. Fender's rock solid all by itself.

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Posted: Wed Jun 18, 2008 9:26 am
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Berkshire Hathaway is the opposite of CBS. Berkshire Hathaway will buy the company for cash, provide Gibralter-like financial strength, reduce borrowing costs, and greatly strengthen the ability of Fender Music Instrument Company to make our dreams come true. Berkshire Hathaway is a holding company that does not intrude but will leave Fender to manage itself, but with absolute financial security. CBS was a classic 1960s feifdom that was a disaster for everything but t.v., not just for Fender. Believe me, with the housing collapse, the oil prices going through the roof, consumers getting crunched and a recession that Buffett, the riches man on Earth, says will be longer and deeper than people think, Fender's best move is to write a letter to Berkshire Hathaway. If they do it, I think Buffett will be interested because Fender is the type of iconic brand with great loyalty that he likes. Fender is like the Coke of guitars. Yes, it's true, I'm an investor but don't tell anybody. Not remembering anything since the chemo unleashed a latent investing talent for some reason. I'm also a musician and so I see this as such a great fit that I would love to see it happen. Incidentally, last night I was playing (unpaid) on an open mike night and brought out my hard-core blues among the acoustic strummers, to a favorable response. However, my 3-year-old showed me up and brought down the house with his rendition of the "ABCs."

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Posted: Wed Jun 18, 2008 11:44 am
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This thread became a "head scratcher" in my book when it transitioned from a meaningful, thought-provoking convo into an online advertisement for Berkshire Hathaway. The thread is certainly not offensive in any way, and I'll go ahead and unlock it ... but in exchange let's get the convo back on track.

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Posted: Wed Jun 18, 2008 1:43 pm
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At the risk of getting black-balled, let me explain. As what Buffett describes as a "non-managing partner" in Berkshire Hathaway, that's how I buy a stock - through Berkshire Hathaway. This thread is a question - would we buy stock. My answer is yes, of course, assuming it was priced reasonably. However I also go further than that. In my opinion, even without a public offering of stock, I would enthusiastically support Berkshire Hathaway buying the whole Fender company. It takes me some effort to see why Fender Forum authorities thought I was off-topic or an advertisement, simply because I'm accustomed to buying stock through the Berkshire Hathaway holding company. My money is in Berkshire Hathaway, not in my pocket, and it is invested by Berkshire Hathaway managed by Buffett. Due to my acquaintance with Fender and long use of high-quality Fender musical instruments, depending on the financial statements I not only would buy a few public shares with the little cash I have, but I also support Berkshire Hathaway buying the whole company. So, drop the white ball, Brad, and don't take me out with friendly fire.

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Posted: Wed Jun 18, 2008 2:13 pm
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Totally no harm done on this end and you're certainly not in risk of getting "black-balled" so no worries there. Whether you intended them to or not, to me personally your previous posts on the topic came across appearing, looking, feeling, and smelling like an advertisement. But, you've explained it and all is well. In retrospect, locking the thread was not the appropriate reaction and for that I apologize. Anyway, the thread is back open for discussion, so let's move on!

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