Fountain Re-Organization Plan

[DAREDEVIL]

It's amazing how sooooo many people think they know what this guy is going through...what and why he did what he did - With his ego and status, this must be the most humiliating situation possible.

I am by far not a fan of Fountain, but the guy did one hell of a job over the years and accomplished more (for both himself and the industry) than most can dream of.

I personally would never own a Fountain, but I am sure he did his best and did what he thought was right - up until the last days.

[MarylandMark]

I guess I'd take a $1/4 Mil a year and free jumpsuits to run around in a demo boats all year. Tough job but somebody has got to do it. Please send my signing bonus ASAP so I can make the Dec poker runs to get our product out there!

[GENERAL LEE]

if it was a turboprop those are not cheap, yes cheaper than a pure jet but still alot of money

Good note, good note. I hadn't looked that closely when I saw it last on the tarmac, AND I was just playing around with my comment.
No matter the brand, setup, or size, flying on your own terms is the most appreciated option, privilege, or benefit that can be enjoyed.

[T2x]

Good, bad, or otherwise. Fountain has one of the nicest facilities in the country and it won't be long before things are rolling again.

I think you are vastly underestimating how bad the economy is....and how far away recovery is.

This effort, and many others, will be nothing more than rearranging the deck chairs on the Titanic IMHO.

T2x

[Pete B]

I think you are vastly underestimating how bad the economy is....and how far away recovery is.

This effort, and many others, will be nothing more than rearranging the deck chairs on the Titanic IMHO.

T2x

I certainly agree there, and when that tidal wave hits the titanic it sure wont help.

[phragle]

I certainly agree there, and when that tidal wave hits the titanic it sure wont help.

Uhmmm...not to split hairs, but it's when the ICEBERG hits the Titanic..

[Salesmanship]

Uhmmm...not to split hairs, but it's when the ICEBERG hits the Titanic..

I think he meant " when the Germans bombed Pearl Harbor"

[Slandrew]

Not as many people have the coin but the few that do will spend which will slowly improve salesDoom & gloom creates fear to middle income buyer not to spendWhen the market does come back Fountain will have the boat for him!AKA Baja

[DollaBill]

Not as many people have the coin but the few that do will spend which will slowly improve salesDoom & gloom creates fear to middle income buyer not to spendWhen the market does come back Fountain will have the boat for him!AKA Baja

I think the middle income buyer should be scared to death. The worst is yet to come. I'm not happy about that or trying to keep up the doom and gloom as some say, but I'm also not going to burry my head in the sand after a nice big glass of the kool aid...

[Audiofn]

I think the middle income buyer should be scared to death. The worst is yet to come. I'm not happy about that or trying to keep up the doom and gloom as some say, but I'm also not going to burry my head in the sand after a nice big glass of the kool aid...

Who was that guy on the other board again? Probably bussy selling off his business because he gave such good advice!!

[Magicfloat]

Latest news from today,what a soap opera. www.tradeonlytoday.com

[DollaBill]

Who was that guy on the other board again? Probably bussy selling off his business because he gave such good advice!!

LOL. Hey I saw it coming in '06 and got out. I sweated every day for 6 months until I closed on Dec 23rd. If you didnt see it then you were blind

[phragle]

Latest news from today,what a soap opera. www.tradeonlytoday.com

As the beak turns, so is the gold jewelry of our lives....

[Offshoredrillin]

Uhmmm...not to split hairs, but it's when the ICEBERG hits the Titanic..

well in the essence of splitting hairs, technically, the titanic hit the iceberg, not vice versa.

tidal wave was the Poseidon...

[Offshoredrillin]

Not as many people have the coin but the few that do will spend which will slowly improve salesDoom & gloom creates fear to middle income buyer not to spendWhen the market does come back Fountain will have the boat for him!AKA Baja

wow, you had a deep cup at the fountain well didn't ya? when the market does come around, why would you buy a boat from a company that is in bk protection? there are others that make a better product that arent throwing good money after bad to keep a name...AND have a stable company.

[MarylandMark]

Who was that guy on the other board again? Probably bussy selling off his business because he gave such good advice!!

Dean?

[Wildman_Grafix]

Latest news from today,what a soap opera. www.tradeonlytoday.com

I noticed the GENMAR update as well.

[Magicfloat]

Yeah,the Genmar soap opera is as crazy as the Fountain deal.I was a Glastron dealer for 30 years,actually considered getting back up with them for 2010 until all this came up.Glad I am no longer involved with Genmar,even tho I still have lots of friends at Glastron

[Slandrew]

wow, you had a deep cup at the fountain well didn't ya? when the market does come around, why would you buy a boat from a company that is in bk protection? there are others that make a better product that arent throwing good money after bad to keep a name...AND have a stable company.

People have hit hard by this economic crisis stable company

[Matt Trulio]

For the record folks: Neither Mr. Fountain nor President Obama created this nation's current bankruptcy protection laws.

I am defending neither of them. Nor am I defending those laws. I want that to be crystal clear.

But what's happening here is anything but new or unique.