Beechcraft sold

Mxsmanic wrote:
...
First you milk the company for all its worth, then you carefully cut
it into pieces and sell it for prices that give you a substantial
return on your initial investment.


Ignoramus. First, you look up the net book value of Beechcraft's
assets and compare to $3 billion. E.g., Textron (only a fraction
of whose total business is GA aircraft including Cessna and its
jets) is only $3B at book. Were Beechcraft's aged plants to be
sold off netting relatively little, all that's left are the type
certificates, which alone can't be worth near $3B. The value of
this kind of business is as a going concern, and then look at the
historical GAMA shipment #'s and see their competition problems
on these old designs.

Now you're an expert also on business/finance, but admitting to
making only $647/month.

F--