Kel-Tec going out of business/for sale soon?

[Brit]

I would love to see a .22 magnum bull pup rifle. Use the magazine from the .22mag pistol. Flawless in my pistol. Should weigh in at around 5lbs, awesome.

I can not find .22 magnum ammo?

 

[Don P]

They offer products the public wants at a very good price, so I don't see them catching up any time soon.

As stated in another thread, working for a AR parts manufacturer we simply cannot keep up with demand. Every time there is a glitch ( machine goes down ) just makes matters worse and getting more behind means getting caught up even further out of reach. The machines DO break down unavoidable happenings with mechanical devises that are being asked to run 24/7 at 100% speed

 

[Eppie]

I have a background as a financial analyst, and I can tell you that maligning a competitors financial stability is one of the oldest tricks in the world.

If you can't beat the products, quality and price of your competitor the only thin left to do is undermine their name.

If the company is private it is easy undermine them because the owners are not going to make their financial statements public.

My observation is simple: they are a growing private company with a long backlog on their products. That sounds like the opposite of a failing company. The ones that go broke are the ones can't sell their products.

 

[Beentown71]

never , never pay any attention to what a BBS manager has to say. many of them are not gun people and only know what there bottom line is to keep a job.

Not a box store by any means but one of the largest dealers in the Midwest.

I wasn't able to make it there this week and confirm his thoughts and then pick his brain. Maybe it was frustration of not getting any product from them? Doubt it or he would have just told me that. During this whole ordeal they have had AR's on the shelf everyday practically...at normal pricing or 20% higher. Today they have RRA's piston rifles for $1,200, carbon15 with bushnell red dot $799, op ready combo with VORTEX for $900, etc....

Really how many are you selling if you can't get them out?

Again, I am by no means saying they are done. Just something for us gun aficionados to look out for.

 

[Beentown71]

I have a background as a financial analyst, and I can tell you that maligning a competitors financial stability is one of the oldest tricks in the world.

If you can't beat the products, quality and price of your competitor the only thin left to do is undermine their name.

If the company is private it is easy undermine them because the owners are not going to make their financial statements public.

My observation is simple: they are a growing private company with a long backlog on their products. That sounds like the opposite of a failing company. The ones that go broke are the ones can't sell their products.

Your "financial background" observation has nothing to do with the discussion. The LGS has nothing to gain by Kel-Tec doing poorly. It wasn't a Wyndham rep speaking about them. It was a LGS that carries their product.

Kmart, Hostess, Lehman Brothers, Washington Mutual, CIT, Enron, Texaco, etc.... all sold plenty of product and still mismanaged financials enough to need bankruptcy protection.

Having a wanted product isn't enough....got to get it to market and manage properly throughout the whole process.

 

[Eppie]

Beentown71 sounds like you want an argument or you have an ax to grid. I'm outta here.

 

[Beentown71]

If I am wrong I am all ears. But to assume having product that is wanted is enough to be successful as a business is myopic.

Kel-Tec could be doing VERY well, and should be with the current market. Thought I would ask my fellow TFL'ers. Didn't know a brand was so emotional...