Even Less Gloom?

In article . com,
Jay Honeck wrote:
Although he is an engineer, Mr. Bass' background at Sony Corp. and
General Electric is managerial. It is well known that he was brought
into Piper to "slash & burn" in order to save the company.

I don't know that he's "slashing & burning," but it appears that for the
first time in years (decades?) Piper may actually have a direction that
doesn't lead to bankruptcy. It should be clear to everyone that the
status quo of building the same 30 year old piston designs year after
year isn't going to cut it.

It also appears that Mr. Bass has fostered good will with those whom he
leads. That is not a typical characteristic of a "slash & burn"
executive.


JKG