I have known Mike since the 80's. I did business with him during the heydays
of dial up modems. Mike is a shrewd business man. He is also a money maker.
Whatever the outcome the new combo will be profitable or gone
George, W6GF
On Monday, May 19, 2014 11:09 PM, Rick - DJ0IP / NJ0IP <Rick@DJ0IP.de> wrote:
I can only answer one piece of that puzzle.
"Why weren't the two stalls combined?"
I'm sure Dayton is exactly like Friedrichshafen... and we have to book our
booths something like 4 to 6 months in advance in order to get any say as
for changes to the previous year.
You can't merge two booths together at the last minute - unless they were
already planned to be beside each other anyway.
73 - Rick, DJ0IP
(Nr. Frankfurt am Main)
-----Original Message-----
From: TenTec [mailto:tentec-bounces@contesting.com] On Behalf Of John Rippey
Sent: Tuesday, May 20, 2014 5:58 AM
To: tentec@contesting.com
Subject: [TenTec] Re "merger": color me puzzled
In my working life, long since past, I was a spectator at dozens of mergers
of banks and bank holding companies, all of which in the first instance were
accompanied by boiler-plate promises of how beneficial the mergers would be.
Not all were. The Wells Fargo-First Interstate merger is one that comes to
mind that created huge problems for Wells before management got it all
sorted out.
The opening sentence of the RF Concepts press release is not typical of
merger announcements, nor is the absence of any quote from the Ten-Tec side
typical. Usually both sides engage in glowing self-congratulation.
The date of May 9 on the release is a puzzler. If the merger was imminent,
and details had been settled, why not schedule a presser at Dayton, with
both CEOs in attendance, thereby gaining maximum exposure in the ham
community? Judging by the information in the press release, attendees were
supposed to visit the two companies' stalls to find out more. Not exactly an
optimal way to spread the word. And why were the stalls not combined?
Seedman is identified as chairman of RF Concepts. Is he also president and
CEO of the combined entities? Many questions, few answers. Sorry, but as a
Ten-Tec owner, it is hard for me to be optimistic about this development.
73,
John, W3ULS
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