Keefe Report on Colt
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    Keefe Report on Colt

    Kid Sopris, ei8ht, ACPete and 9 others like this.
    ***Honesty is the foundation of one's character***

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    I just read. I sure hope it does get better for Colt.
    -Craig
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    Good to hear some positive news about Colt for a change.
    Colt-SL, ACPete, 72CZ and 5 others like this.
    ei8ht of 9ine
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    This is more of an opinion article though. I agree, let's see what happens...my vote is still that their next revolver will be the "Bankruptcy Special". Hope I'm wrong!
    Three guys walked into a bar, the fourth guy ducked!!

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    It is very interesting to read between the lines of these 2 paragraphs...

    A little while ago, customer service and the custom shop were separated, and company officials say the custom shop will try to improve the customer service experience and reduce the backlog and wait times that have become almost legendary. A look at the site today says, “Due to overwhelming demand the Colt Custom Shop is currently and temporarily not taking new orders at this time while we address our considerable backlog. Please check back soon for updates.” That’s not good. I am told Mark Redl, who already wears a number of hats in West Hartford (including professional shooter and product marketing manager), will be taking over the supervisory responsibilities for the custom shop.

    Realize that the Colt Custom Shop has been one of the most profitable areas of Colt. It always has been. Just like the Performance Center at Smith & Wesson. Even when other areas of the plant have faltered, the custom shop has succeeded. And it is the aspiration of most Colt workers to get drafted into the major league, to go through a battered metal door and put on a Colt Custom Shop apron. Again, making guns consumers want to buy is a good way to keep your workers at their machines. It appears some resources should be shifted.
    Last edited by weagle99; 03-07-2017 at 10:49 AM.
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    I really like Keefe's level-headed assessment of the situation. Definitely a breath of fresh air.
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    Reads like a typical whitewash.
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    Quote Originally Posted by dirtydog View Post
    Reads like a typical whitewash.
    I agree. The debt load that Sciens Asset Management has burdened Colt with is crushing, and with a 2A friendly Administration in charge, the demand for AR-15 type rifles is certainly not as acute. I want Colt to succeed; but recent events appear to weigh heavily against them. Time will tell.
    "Do not confuse my mercy for weakness"

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    Quote Originally Posted by dirtydog View Post
    Reads like a typical whitewash.
    Yup. Sorry but I can't help but feel that maybe Keefe/American Rifleman/NRA and Colt might have some mutual interests and are trying to control the spin here. Hundreds of thousands of dollars worth of advertising in American Rifleman and such. NRA contributions etc. Of course they are going to try to spin this a certain way to try not to panic anyone any more than they already have. Don't want that stock to drop any further. I would take this article with a grain of salt really.
    bsmalley23 likes this.


 
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