I Found This Mildly Interesting.


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Phydeaux642
November 17, 2008, 05:37 PM
Classic Arms homepage on 11/17/2008 regarding their increase in business.

http://www.classicarms.us/

THERE ARE SOME IMPORTANT THINGS GOING ON IN THE INDUSTRY. I KNOW THE FOLLOWING IS WORDY BUT READING IT MAY HELP YOU DECIDE WHETHER TO BUY NOW.

OKAY - HERE IS THE DEAL

LAST WEEK WE SOLD OUT VIRTUALLY TO THE BARE WALLS. WE HAD A TON OF INVENTORY LAID IN AND STOCKPILED IN ANTICIPATION OF THE PANIC BUYING THAT WOULD BE CREATED BY THE ELECTION. IT SIMPLY WAS NOT ENOUGH. IF IT SHOOTS OR HOLDS ROUNDS OF AMMO IT PRETTY MUCH LEFT HERE LAST WEEK.
I HAVE NEVER SEEN ANYTHING LIKE IT.

AROUND WEDNESDAY OF LAST WEEK WE CHANGED OUR FOCUS FROM SELLING, TO TRYING TO BEG, BUY AND SCROUNGE ANYTHING WE COULD PURCHASE. IT WAS VERY DIFFICULT. MOST OF THE INDUSTRY IS EITHER OUT OF SEMI-AUTO FIREARMS, MAGS, AND AMMO, OR THEY HAVE PUSHED THE PRICE WAY UP IN ORDER TO SLOW SALES AND KEEP FROM BEING WHERE WE BASICALLY ARE NOW. SOLD OUT TO THE BARE WALLS. THE LARGEST IMPORTER IN THE COUNTRY AS OF LAST MONDAY HAS SUSPENDED SALES OF ALL OF THEIR HI-CAPACITY MAGAZINES AND RAISED PRICES ON ENTIRE CLASSES OF FIREARMS BY 25% TO 40% ACROSS THE BOARD. THE PRICE INCREASE IS REALLY IRREVALENT HOWEVER AS THEY HAVE NO AVAILABLE QUANTITIES ON ANY OF THESE FIREARMS.

LET ME GIVE YOU SOME PERSPECTIVE.
IN THE THIRD QUARTER OF THIS YEAR, ( JULY THRU OCTOBER )
WE SOLD THE FOLLOWING
7.62X39 AMMO................361 CASES
AK 30 RD MAGS.....................................783
AK RIFLES (ALL TYPES ) .........................243

BY COMPARISON, IN THE 10 DAYS SINCE THE ELECTION WE HAVE SOLD

7.62X39 AMMO................1218 CASES
AK 30 RD MAGS.....................................3855
AK RIFLES (ALL TYPES ) .........................572
THAT IS IN ADDITION TO THE AR RIFLES, GOLANI RIFLES, TANTALS, AND OTHER FIREARMS THAT HAVE ALSO SOLD LIKE WILDFIRE.
SOME OF OUR LARGER DEALER CUSTOMERS HAVE BEEN ATTEMPTING TO PLACE ORDERS FOR HUNDREDS OF FIREARMS WITH US WHEN WE ONLY HAD DOZENS IN STOCK.

WE ARE VERY SMALL AND THESE ARE HUGE NUMBERS FOR US. WE WOULD HAVE SOLD MORE TOO EXCEPT WE SIMPLY COULD NOT ANSWER ALL THE CALLS, AND THEN WE SOLD OUT.

THE GOOD NEWS IS WE HAVE HAD SOME SUCCESS IN BUYING. WE PURCHASED PRODUCT ANYWHERE WE COULD FIND IT WITHOUT MUCH REGARD FOR THE PRICE. IT WAS ALL WE KNEW TO DO. IT WAS EITHER THAT OR BE SOLD OUT AND CLOSE THE DOORS.

WE ARE POSTING BELOW THE THINGS THAT WE HAVE AVAILABLE FOR SALE. SOME OTHER ITEMS WILL BE COMING ON BOARD OVER THE NEXT SEVERAL DAYS AND WE WILL POST THEM UP AS THEY ARRIVE. THE PRICES ARE HIGHER . I CAN'T APOLIGIZE FOR THAT. IN MOST CASES WE ARE PAYING MORE AND MAKING LESS. IF YOU NEED THESE ITEMS AND CAN FIND THEM FOR LESS ELSEWHERE, I ENCOURAGE YOU TO GET THEM.

I HOPE AGAINST HOPE THAT THIS MARKET WILL LEVEL BACK OUT SOON, BUT WITH BANS AND RESTCTIONS BEING ONE OF THE PRIMARY STATED GOALS OF THIS NEW ADMINISTRATIONS I JUST DON'T SEE IT HAPPENING.

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Kind of Blued
November 17, 2008, 06:52 PM
I find it capitalized to an offensive degree.

Cmdr. Gravez0r
November 17, 2008, 07:36 PM
Ben always does that...it's part and parcel with how he rolls.

biggiesmalls
November 17, 2008, 08:05 PM
honesty is rare these days, and you're sweatin' over caps-lock?

ServiceSoon
November 17, 2008, 10:22 PM
Call me a cynic (in all caps for obvious reasons). the good news is we have had some success in buying. We purchased product anywhere we could find it without much regard for the price. It was all we knew to do. It was either that or be sold out and close the doors.it isn't my fault the prices are so high. We have to pay higher prices from distributors or close our doors. Considering he just doubled his sales that means he should have enough revenue to keep his doors open for 2 quarters.

cassandrasdaddy
November 17, 2008, 10:28 PM
"Considering he just doubled his sales that means he should have enough revenue to keep his doors open for 2 quarters."


never been in business huh or at least not sucessfully

ServiceSoon
November 17, 2008, 11:25 PM
never been in business huh or at least not sucessfullyI have never been in business. Seems simple enough, I stayed awake in my accounting classes. Please explain.

Dougelas
November 17, 2008, 11:41 PM
I'm no expert on the economy, but I just don't think there's enough time for the market to straighten itself back out before the bans hit. Which is quite unfortunate, considering I don't own NEARLY enough guns.

P.S.
"The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first."
-- Unknown...possibly Thomas Jefferson

Nice quote

cassandrasdaddy
November 18, 2008, 09:05 AM
proof that there is a difference between an accounting degree and one in business. one is about counting the other is about continuity and growth. try a paper route you'll learn all the basics there

Phydeaux642
November 18, 2008, 01:54 PM
Wow, the new political situation sure has made some people mean and irritable.

ServiceSoon
November 18, 2008, 01:58 PM
proof that there is a difference between an accounting degree and one in business. one is about counting the other is about continuity and growth. try a paper route you'll learn all the basics thereI had a paper route for a few years. Does this mean you won't explain? He has managed to stay in business for the last few years selling X per quarter and now he sold 2X. I was just being a cynic and understand he is stuck between a rock and hard place. I'm not saying he is a bad guy or anything.

Wow, the new political situation sure has made some people mean and irritable.I'm a little grumpy, but still optimistic. Love the quote! At first glance I thought it was the other version.

biggiesmalls
November 18, 2008, 03:15 PM
managerial ACCOUNTING has plenty to do with running a business. and financial ACCOUNTING(crunching numbers and putting them on a sheet) is important too or you wouldn't be able to objectively see how your business is doing.

paper route, on the other hand, is about avoiding sprinklers and developing a good arm. and maybe meeting a hot mom or 2.

if i were a gun shop that doubled my sales from last quarter, and then ran out of stuff to sell, i'd likely make my orders and then close shop for the next quarter to reduce overhead and open back up when my stuff gets in. and in the mean time i'd take up a paper route. i could go to 200 houses and hopefully meet that hot mama, or i could go to 2 dumpsters and call it a day. either way i make a quick buck :D

tank mechanic
November 18, 2008, 06:38 PM
How many mags to a case?

cassandrasdaddy
November 18, 2008, 07:00 PM
you can't close a business for a while and just reopen. your customers will be shopping somewhere else. continuity and consistency are most important. when you sell retail you price based on replacement cost. or you go outa business fairly quickly. its why its better for many to keep working for others

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