Beechcraft sold

Beech had jets 40 years ago with their importing Hawkers
from England. Then they bought the Mitsubishi Diamond and
moved production to Kansas. Then they bought the Hawker
company line of jets. They built the Premier One and that
was long before bankrupt Piper thought of a VLJ.

Beech may survive now that Raytheon is out. Raytheon was
more concerned with major defense contracts and recreational
boating.


"Robert M. Gary" wrote in message
ups.com...
|
| Newps wrote:
| Mxsmanic wrote:
|
|
| The objective is probably to dismantle and liquidate
the company.
|
| You're an idiot. Why would someone spend all that money
to liquidate
| the company? They've already spent many, many times
what the company
| assets are worth buying it.
|
| I don't know that to be true, is it? How many times
earnings did it
| sell for? Does anyone know earnings? Perhaps they were
bought for the
| dividend value of parts.
|
| The whole thing is sad. The fact that Piper beat Beech to
announce a
| jet tells you something. With the King Air line up, it
would have been
| a shoe in to get attention by offering a jet. I tend to
agree with
| others that its likely too late at this point. Probably
just another
| example of a company that found a winning formula 30 years
ago and
| never had the courage to change with the times. We see it
all the time,
| companies run into the ground because they are afraid of
change.
|
| -Robert
|