Even Less Gloom?

Jonathan Goodish wrote:
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

I don't see how basing their future on a VLJ that will just be one among
many in a yet unproven market is a good idea.