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  #1  
Old 01-10-2018, 03:49 PM
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Default Bad news and now Good news (ESTES)

I'm hoping this isn't bad news for ESTES.

http://www.news-gazette.com/news/lo...yoffs-next.html

Last edited by the mole : 04-18-2018 at 08:39 PM.
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Old 01-10-2018, 04:04 PM
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Oh. My.
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Old 01-10-2018, 05:07 PM
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Need some blue skies right about now.
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Old 01-10-2018, 06:11 PM
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This news sounds really bad.
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Old 01-10-2018, 06:38 PM
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Not good and possibly realllllllly bad.
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Old 01-10-2018, 06:52 PM
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John Boren said it will be weeks before they know the impact.
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Old 01-10-2018, 07:41 PM
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Man, I was hoping ESTES would rerelease the 1/100 Saturn 1B. Now that might not happen before things get complicated. Keeping my fingers cross ESTES keeps going.
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Old 01-10-2018, 09:08 PM
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Quote:
Originally Posted by UMRS
John Boren said it will be weeks before they know the impact.


Ah.....I had been holding back even asking the folks in Penrose figuring exactly that. Much depends on what the court does, I expect.
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Old 01-10-2018, 10:59 PM
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Comrades:

Betcha Estes/Centuri gets spun off and sold separately to generate funds for the core Hobbico operation. I'd guess they want to protect the distributorship for big ticket items like drones.

Since Estes is more or less a free-standing entity, (or it appears to be) it should be quick and easy.
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Old 01-10-2018, 11:17 PM
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here's Hobbico's own web post on the matter, https://www.hobbico.com/company-news.php

Though having been a hobby retailer, last time about a decade back, I no longer keep up with happenings there. Guess it is going to be a case of "Stay tuned for further developments"
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